Details of the November 2015 Eurozone industrial production data report 13 January 2016
– Prior +0.6%. Revised to +0.8%
– 1.1% vs 1.3% exp y/y. Prior 1.9%. Revised to 2.0%
A surprising sharp slowdown in Nov but what’s not a surprise is the reason behind it. Energy production was down 4.3% m/m vs +1.6% prior and -2.8% vs +1.0% prior y/y. That was added to by falls in capital and durable goods