Key Factors Impacting Eurozone Industrial Production in May
Monday, 15 July 2024, 09:04
Overview
Eurozone industrial production recorded a decline of 1% month-on-month in May, outperforming the initial forecast of -1.0%. The performance of different goods varied during the period.
Key Points:
- Intermediate goods saw a 1% decrease.
- Capital goods experienced a 1.2% decrease.
- Durable consumer goods declined by 1.8%.
- Energy production increased by 0.8%.
- Non-durable consumer goods witnessed a 1.6% rise.
This analysis provides critical insights into the factors influencing the industrial production trends in the Eurozone.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.