Industrial Production. EU, 12:00 (GMT+2)

industrial-production.-eu,-12:00-(gmt+2)

EU Industrial Production data for November is due at 12:00 (GMT+2). Industrial Production gauges the change in the total inflation-adjusted value of output manufacturers, quarries, and utilities produced. The indicator takes into account the manufacturing and mining industries, as well as the power industry. On a monthly basis, production is expected to slow growth from 2.1% to 0.2%, while on an annualized basis, the figure could decline by 3.3%. The implementation of the forecast can cause pressure on EUR.

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