Market Updates: Industrial Production Down by 0.9% in Euro Area
Arslan Butt•Wednesday, February 13, 2019•1 min read
According to estimates from Eurostat, in December 2018 compared with November 2018, the seasonally adjusted industrial production fell by 0.9% in the Euro area (EA19) and by 0.5% in the EU28.
- In November 2018, industrial production fell by 1.7% in the Euro area and by 1.2% in the EU28.
- In December 2018 compared with December 2017, industrial production decreased by 4.2% in the Euro area and by 2.7% in the EU28.
- The average industrial production for the year 2018, compared with 2017, rose by 1.1% in the Euro area and by 1.3% in the EU28
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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