Industrial production in Germany fell by -2.02% year-over-year (seasonally adjusted), compared to forecasts of -1.4% and a previous reading of -0.42%.
- On a monthly basis, production declined by -1.4%, while expectations were for a -1% drop following a 3% increase in the previous month.
Mixed US PMI data 🗽EURUSD gains
Shift in Europe's PMIs - Strong manufacturing, services decline
Economic Calendar - PMI data takes center stage as oil resumes climb
Economic Calendar: Inflation in Germany and Canada in the Spotlight