Eurozone July industrial production -0.4% vs -0.1% m/m expected

Author: Justin Low | Category: News

Latest data released by Eurostat - 12 September 2019

  • Prior -1.6%; revised to -1.4%
  • Industrial production WDA -2.0% vs -1.4% y/y expected
  • Prior -2.6%; revised to -2.4%
This just reinforces further the negative sentiment in euro area factory activity and suggests that the slowdown in the manufacturing/industrial sector looks set to persist throughout Q3 and possibly towards the end of the year.

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