Eurozone: Industrial Production worse than estimates at -0.7%
January 13, 2016 at 10:02 am
The consensus counted on -0.2%
This indicator measures the change in the production of goods and services. It is published once a month, about 45 days after the end of the month. Higher than expected publication fosters the appreciation of the euro. It is a leading indicator of economic health, however, its impact is rather limited because Germany and France (representing half of the economy of Eurozone) broadcast their numbers a few days before.
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