• Eurozone Industrial Production steadies at 0.2% MoM in November vs. 0.3% expected

Market news

15 January 2025

Eurozone Industrial Production steadies at 0.2% MoM in November vs. 0.3% expected

Eurozone’s industrial sector activity showed steady performance in November, the latest data published by Eurostat showed on Wednesday.

Industrial output in the old continent came in 0.2% MoM in November, compared to the estimated increase of 0.3% and 0.2% recorded in October.

Eurozone Industrial Production dropped at an annual rate of 1.9% in November versus October’s -1.1%. Data aligned with the market expectations.

EUR/USD reaction to the Eurozone Industrial Production data

Eurozone industrial figures fail to move the needle around the Euro, as EUR/USD holds the bounce above 1.0300. The pair is flat on the day, at the press time.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.