Latest data released by Eurostat - 14 May 2019

  • Prior -0.2%; revised to -0.1%
  • Industrial production WDA -0.6% vs -0.8% y/y expected
  • Prior -0.3%

Industrial activity in the region slowed further in March and this just pretty much confirms the sluggishness of the sector in Q1 2019. This is very much a lagging indicator as we already had plenty of glimpses into the sector's performance over the past month or so.