Eurozone Industrial Production YoY
Country: European Monetary Union
Previous value: 11.5%
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Industrial production of the Eurozone measures the change in the total production of factories, mines, and utilities. It is an important indicator of strength in the industrial sector. A rise in industrial production can strengthen inflationary pressures and lead to interest rate hike. typically, if industrial production number is high, it may create a positive sentiment (or bullish) for the EUR, while a low reading is seen as a negative sentiment (or bearish).
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