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.
Economic calendar: German CPI and Canadian GDP in focus
BREAKING: Swiss GDP data weaker than expected 📌Spanish CPI above forecats
Consumer spending rises in France; inflation prelim declines📋
EURNOK muted after weak Germany retail sales and Norwegian unemployment