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%).