Latest data released by Eurostat - 14 October 2019
- Prior -0.4%
- Industrial production WDA -2.8% vs -2.5% y/y expected
- Prior -2.0%; revised to -2.1%
The monthly figure sees a bit of a rebound after a fall in July but the annual estimate continues to underscore the weakness of factory activity in the region relative to a year ago.
If anything else, this just reinforces the sluggishness surrounding factory conditions in the euro area and that it will continue to be a problem in 2H 2019.
