- Prior +0.2%
That’s a miss on estimates as euro area industrial output slumped by more than expected at the end of last year. The breakdown shows a drop in most categories, with declines seen in the production of intermediate goods (-1.9%), capital goods (-2.6%), and durable consumer goods (-0.7%). That if offset slightly by increases in output for energy (+0.5%) and non-durable consumer goods (+5.1%).
This article was written by Justin Low at www.forexlive.com.
#Eurozone #December #industrial #production #expected #Forexlive
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