Eurozone March industrial production +0.5% vs +0.7% m/m expected

Author: Justin Low | Category: News

Latest data released by Eurostat - 15 May 2018

  • Prior -0.8%; revised to -0.9%
  • Industrial production WDA +3.0% vs +3.6% expected
  • Prior +2.9%; revised to +2.6%
Falls short of estimates and lower revisions as well. A minor data point and a lagging one - Q1 data - so it's not going to weigh on the euro all too much besides solidifying the soft patch seen in Q1.