December 2016 Eurozone industrial production

  • Prior 1.5%

  • 2.0% vs 1.7% exp y/y. Prior 3.2%

  • EU28 states -1.0% vs 1.6% prior m/m

  • 2.9% vs 3.1% prior y/y

Despite the misses and the drop from Nov, there's some good signs for Europe.

Durable goods rose 3.9% y/y vs -0.2% prior, and intermediate goods also jumped again.

Eurozone industrial production y/y