EMU DATA: Industrial production in the Eurozone surprised to the upside
in November, rising by a seasonally-adjusted 1.2% on the month to its
highest level in two years. On the year, output rose 7.4%.
— EMU November industry output m/m above MNI median fcast (+0.5%)
— EMU October industry output unrev +0.7% m/m
— EMU October industry output rev up +7.1% y/y (+6.9%)
— EMU October+November avg industry output +1.3% vs 3q avg; 3q +1.0%
q/q
— EMU November 3mm avg (September-November:August-October) +0.4% after
October +0.4%
— For more information, please see MNI Newswires