February 13, 2025 at 10:00AM
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 -1.1% vs -0.6% m/m expected