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Industrial production down by 1.1% in both the euro area and the EU

From ec.europa.eu

In July 2023, the seasonally adjusted industrial production decreased by 1.1% in both the euro area and the EU, compared with June 2023, according to estimates from Eurostat, the statistical office of the European Union. In June 2023, industrial production increased by 0.4% in both the euro area and the EU. In July 2023 compared with July 2022, industrial production decreased by 2.2% in the euro area and by 2.4% in the EU. In the euro area in July 2023, compared with June 2023, production of capital goods fell by 2.7% and durable consumer goods by 2.2%, while production of intermediate goods grew by 0.2%, non-durable ... (full story)

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  • Category: Fundamental Analysis