HomeBlogUncategorizedEurozone May industrial production +1.7% vs +0.9% m/m expected

Eurozone May industrial production +1.7% vs +0.9% m/m expected

Prior -2.4%; revised to -2.2%

Looking at the breakdown, the big jump largely comes from an increase in energy production (+3.7%). Taking that out, there were still good increases in output for capital goods (+2.7%) and non-durable consumer goods (+8.5%) on the month. That is offset slightly by declines in output for intermediate goods (-1.7%) and durable consumer goods (-1.9%).

This article was written by Justin Low at www.forexlive.com.


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