Eurozone November industrial production +2.5% vs +0.2% m/m expected
Latest data released by Eurostat – 13 January 2021
- Prior +2.1%; revised +2.3%
- Industrial production WDA -0.6% vs -3.2% y/y expected
- Prior -3.8%; revised to -3.5%
Factory output in the euro area beat expectations in November, rising strongly despite the reintroduction of lockdown measures across the region. That adds to some encouragement to Q4 data – well, at least on the surface of things.
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