Greek Industrial Production YoY (Nov) Y/Y 2.6% vs. Exp. 5.1% (Prev. 6.4%)
The release of Greek industrial production data for November showed a year-on-year increase of 2.6%, which fell significantly short of the expected 5.1% and is also a decline from the previous rate of 6.4%.
Maltese Balance of Trade (Nov) -72.2M vs. Exp. -220.0M (Prev. -286.0M )
BMW (BMW GY) Q4 sales 667.9k vehicles, -4.1% Y/Y. Strong performance in Europe, US and with electrified models
Greek Industrial Production YoY (Nov) Y/Y 2.6% vs. Exp. 5.1% (Prev. 6.4%)
China is to cancel VAT export rebates for solar panel products from 1st April 2025; battery export rebate cut to 6% (prev. 9%) until the end of 2026, but will be fully removed from 1st January 2027
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This miss could point to weakening industrial activity in Greece, raising concerns about the broader economic outlook and potentially influencing policy discussions within the Eurozone regarding growth and recovery efforts.
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