Report
Jesus Castillo

EURO AREA INDUSTRIAL OUTPUT DECLINED LESS THAN EXPECTED

In February industrial production (excluding construction) declined by -0.2 % MoM in the Euro Area. Thus , the year on year growth rate has reached -0.3 % (from -0.7 % in January after an upward revision from -1.1 %) recording a negative growth rate for the fourth month in a row. The figures released today are a bove consensus expectations (-0.6% MoM and -1% YoY) . However, they remain in line with what the available surveys have been pointing to , i.e . a decline of the industrial output over the first quarter.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Jesus Castillo

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