The content here might not be relevant fo you. Would you like to visit the North America website? Eurozone industrial production on a working-day adjusted year-on-year basis was flat at 0% in July, coming in above market expectations of a 0.1% decline. The outturn points to a marginally firmer performance than forecast, even as output failed to post annual growth. The release compares the latest reading with a consensus that had anticipated a mild contraction, leaving the surprise concentrated in the gap between 0% and -0.1%. The data are presented on a W.D.A. basis and refer to July. We see the latest Eurozone industrial production flattening at 0% year-on-year for July, defying the consensus forecast of a 0.1% contraction.
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