• Prior +1.2%; revised to +1.3%
  • Industrial production -1.3% y/y
  • Prior +1.6%; revised to +2.0%

A sluggish start for euro area production to start the new year, and that is even before the impact from the Russia-Ukraine situation. This was one of the brighter spots for the economy in Q4 so it isn't quite a comforting sign if anything else.