Eurozone April industrial production -0.1% vs +0.2% m/m expected

• Prior +0.6%; revised to +0.5%

The breakdown shows that the decline in intermediate goods (-0.4%) weighed on industrial output mostly. That is offset by slight gains in energy (+0.4%), capital goods (+0.7%), durable consumer goods (+0.3%), and non-durable consumer goods (+3.4%).