Latest data released by Eurostat - 12 March 2020

  • Prior -2.1%; revised to -1.8%
  • Industrial production WDA -1.9% vs -2.9% y/y expected
  • Prior -4.1%; revised to -3.6%

The readings are better-than-expected with positive revisions to boot, however they are all related to pre-virus economic conditions and that is no longer the focus of the market.