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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
EUROZONE DATA
MNI (London)
EZ JAN IND PROD +0.8% M/M, +0.1% Y/Y; DEC -0.1% M/M
- EZ IP rebounded in Jan, rising 0.8% and coming in stronger than markets expected (BBG: 0.3%)
- Jan's uptick was driven by a recovery of capital goods production, up 1.1pp to 0.4%, and non-durable consumer goods output increasing by 1.5pp to 0.6%.
- Meanwhile, intermediate goods production and energy output decelerated markedly to 0.3% and 0.4%, respectively.
- Durable-consumer goods output eased as well by 0.1pp to 0.8% in Jan.
- Annual output shifted into positive territory, up 0.1% which is the first y/y increase since Oct 2018.
- Among the member states, Luxembourg (+3.8%), Greece and France (both +3.4%) showed the largest m/m gains, while Estonia and Latvia (both -1.5%) and Portugal (-1.3%) recorded the biggest declines.
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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