Eurozone industrial production jumped 1.7% mom in May, comfortably beating market expectations of 1.1% mom. The strength was broad-based across key sectors, with notable gains in energy (+3.7%), capital goods (+2.7%), and non-durable consumer goods (+8.5%). However, weakness in intermediate goods (-1.7%) and durable consumer goods (-1.9%) tempered the overall picture. Across the broader EU, […]
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