Eurozone November industrial production +0.2% vs +0.3% m/m expected

Author: Justin Low | Category: News

Latest data released by Eurostat - 15 January 2020

  • Prior -0.5%; revised to -0.9%
  • Industrial production WDA -1.5% vs -1.0% y/y expected
  • Prior -2.2%; revised to -2.6%
The mild improvement in factory activity is offset by the weaker revision to the October figures. That sort of negates any hope for a sustained recovery in the industrial sector for the Eurozone as we look towards the end of last year.

EUR/USD keeps rangebound still, trading near unchanged levels at 1.1126 - still trapped within a narrow 18 pips range so far today.

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