10:31 AM · 13 March 2024

Weak industrial production readings from the eurozone 📉

Industrial production in eurozone fall down -6.7% YoY vs -3% exp. and 1.2% growth previously

On monthly basis industrial production came in -3.2% vs -1.8% and 2.6% growth previously

We haven't seen any volatility spike on EURUSD after weak macro readings from the eurozone, signalling further deindustrialization and headwinds for GDP growth.Source: xStation5

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