The typical/expected market impact of this event is low.
The consensus forecast for Industrial Production w.d.a. (YoY) is -1.9%. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The most recent announced value for Industrial Production w.d.a. (YoY) was -1.2% against a forecast of -1.9%.
Recent economic data has been moderately bullish for EUR. Other recent announcements which may affect the market's interpretation of the next Industrial Production w.d.a. (YoY) result:
Country: | Eurozone |
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Currency: | EUR |
Source: | Eurostat |
Category: | Economic Activity |
Frequency: | Monthly |