Technical Analysis

Eurozone November industrial production +1.0% vs +0.5% m/m expected

  • Prior -2.0%; revised to -1.9%

Euro area industrial output edged up slightly in November, helped by an improvement in intermediate goods (+0.8%), capital goods (+1.0%), and durable consumer goods (+0.4%). That if offset against a decline in energy production (-0.9%) and non-durable consumer goods (-1.3%).

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