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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 DATA
MNI (London)
EUROZONE SEP CONSTRUCTION +0.1% M/M; +1.0% Y/Y; AUG -1.0%r M/M, +2.0% Y/Y
- Eurozone construction all-but stalled in September, at +0.1% m/m, following the August contraction.
- Based on the index level, construction output is now closer to pre-Covid levels.
- Weak construction demand has driven a decline across the sector, which signalled contraction since May in the S&P Global PMIs.
- Despite supply chains easing, the decline in new orders has dampened production and outlooks for the coming month are bleak.
- Final HICP eurozone data for October was confirmed at a record high, after a minor 0.1pp downward revision on the headline print to +10.6% y/y. This was largely due to Italian revisions.
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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