Latest data released by Eurostat - 15 February 2021
- Prior +2.5%; revised to +2.6%
- Industrial production WDA -0.8% vs -0.2% y/y expected
- Prior -0.6%
Factory output declined by more than expected in December as tighter restrictions weighed on industrial activity. That said, this is very much a lagging data point with the Q4 GDP report already out and the market being more focused on the outlook this year.
