Eurozone June industrial production -0.3% vs -0.2% m/m expected

Author: Justin Low | Category: News

Latest data released by Eurostat - 12 August 2021

  • Prior -1.0%; revised to -1.1%
  • Industrial production WDA +9.7% vs +10.4% y/y expected
  • Prior +20.5%
Euro area factory output falls as supply bottlenecks continue to stifle activity, particularly in Germany. The decline in production owes much to a drop in Germany on the month (-1.0%), partly offset by increases in France (+0.4%) and Italy (+1.0%).
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