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.
Eurozone industrial production fell by a more-than-expected 1.1% in June, suggesting that shortages of components, particularly semiconductors, are depressing the output of final goods. Capital goods fell by 1.5%, extending a 2.5% decline in May, while intermediate goods rose by 0.1%, matching the increase in durable consumer goods. Non-durables were the only bright spot in a grim report, rising by 1.6% between May and June.
Amongst member states, German output fell by an already-reported 1.0%, while French output rose 0.4% and Spanish output by 0.1%. Over the year to June, total eurozone output rise by 9.7%, below the expected 10.3%, following 20.5% rise in May.
Source: Eurostat
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.