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Eurozone July industrial production -0.3% vs -0.5% m/m expected
globalreutersSeptember 13, 20241 Mins read - Prior -0.1%; revised to 0.0%
The drop here fits with the continued softness in the euro area industrial sector, led by the struggles in Germany especially. Looking at the breakdown, intermediate goods dropped by 1.3%, capital goods by 1.6%, durable consumer goods by 2.8%. That was slightly offset by an increase in energy by 0.3% and non-durable consumer goods by 1.8%.
This article was written by Justin Low at www.forexlive.com.
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