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EU Industrial Production YoY (Dec) Y/Y 1.2% vs. Exp. 1.3% (Prev. 2.2%, Rev. From 2.5%, Low. 0.5%, High. 2.4%)

Newsquawk Staff ·

EU Industrial Production YoY (Dec) Y/Y 1.2% vs. Exp. 1.3% (Prev. 2.2%, Rev. From 2.5%, Low. 0.5%, High. 2.4%)

What it means

The EU Industrial Production data for December showed a year-on-year increase of 1.2%, slightly below expectations of 1.3% and a notable decline from the previous month's revised figure of 2.5%. This miss could signal a deceleration in the manufacturing sector, which may influence expectations for economic growth and prompt scrutiny on the ECB's policy stance moving forward.

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