Latest data released by INSEE 8 Dec 2017
- October industrial production m/m +1.9% vs -0.1% expected
- Manufacturing production m/m +2.7% vs +0.4% prior
- Manufacturing production y/y +6.9% vs +3.1% prior
- Budget deficit at EUR 77.1 bn in October vs EUR 76.3 bn deficit in September
The jump in the production numbers are mostly from manufacturing of transport equipment, as well as machinery and equipment goods.
Full report here.
A minor data point that doesn't offer much to traders. But still, a relative indicator of general economic sentiment within the Eurozone economy - especially one of its major nations.
EUR/USD lingering near session lows still at 1.1743. EUR/GBP is also following a similar tone as it's hovering around 6-month lows, now at 0.8706.