12 Jun 2015
Eurozone industrial production risks a weaker outcome – KBC
FXStreet (Barcelona) - According to KBC Bank, the soft IP numbers in Italy and France suggests the Eurozone industrial production sees a risk of a soft number.
Key Quotes
“In the euro area, industrial production is expected to show a limited rebound in April (0.4% M/M following a 0.3% M/M drop in March). Several national data have already been released and were mixed: German data were surprisingly strong (0.9% M/M), but French (-0.9% M/M) and Italian production (-0.3% M/M) surprised on the downside. Therefore, risks are for a weaker outcome”
Key Quotes
“In the euro area, industrial production is expected to show a limited rebound in April (0.4% M/M following a 0.3% M/M drop in March). Several national data have already been released and were mixed: German data were surprisingly strong (0.9% M/M), but French (-0.9% M/M) and Italian production (-0.3% M/M) surprised on the downside. Therefore, risks are for a weaker outcome”