Euro-zone ind. production reverses Dec gain, down 3.2% in Jan

13 March 2024

 

Summary: Euro-zone industrial production down 3.2% in January, worse than expected; down 6.7% on annual basis; all major categories down except energy; German, French 10-year yields up. Following a recession in 2009/2010 and the debt-crisis which flowed from it, euro-zone industrial production recovered and then reached a peak four years later in 2016. Growth rates then fluctuated for two years before beginning a steady and persistent slowdown from the start...

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