August 2015 Eurozone industrial production data report 14 October 2015

  • Prior +0.6%. Revised to +0.8%
  • 0.9% vs 1.8% exp y/y. Prior 1.9%. Revised to 1.7%
  • EU 28 states -0.3% vs +0.4% prior m/m
  • 1.9% vs 1.8% prior y/y

Looking at the details it's not as bad as the headline suggests. Energy goods production was the biggest faller, -3.0% vs +2.1% prior and capital goods were lower too, but there was a decent jump for durable goods production of 2.3% vs 1.0% in july. Pretty much the same theme across all of Europe. Non-Durables suffered marginally

Like UK jobs, I'd say that we have another report that looks softer but has positive vibes within it

Eurozone industrial production y/y