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Industrial Production (Oct 2019)......>

EUROZONE DATA
EUROZONE DATA: Industrial Production (Oct 2019)
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- EZ IP: -0.5% m/m, -2.2% y/y (vs. Bbg consensus -0.5% m/m, -2.4% y/y) 
- Monthly EZ IP registered in line with expectations, falling by 0.5% in Oct. 
- This leaves the annual production at -2.2% which is a two months low. 
- Oct's decrease was led by a sharp drop of capital goods (-2.0%) followed by
energy goods (-0.7%). 
- Meanwhile, durable consumer (1.9%) and intermediate (0.6%) goods rebounded in
Oct, while non-durable consumer goods (0.4%) decelerated. 
- Among the member states, Greece (-2.6%) and Latvia and Lithuania (both -2.3%)
recorded the largest monthly declines. 
- Against that, Portugal (3.1%), Slovenia (2.0%) and Estonia (0.6%) posted the
biggest m/m gains.

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