EMU: Annual Industrial Production drops 0.6% in April

FXstreet.com (Barcelona) - On an annual basis Eurozone Industrial Production w.d.a. dropped 0.6% in April, compared with the 1.4% slide the previous month, according to data released today by Eurostat. Analysts expected a 1.2% decrease.

Month-over-month Eurozone Industrial Production s.a. grew 0.4%, down from the 0.9% increase and against expectations of a 0.2% fall.

Jun 12, 2013

EU Industrial Production s.a. (MoM) decreases to 0.4% in April; -0.6% (YoY)

EUR/GBP offered on drop in UK claimant count

EUR/GBP started the European session off drifting lower, even on the release of an overall benign set of German inflationary data. The pair has now attracted fresh offers in a drop in the UK labour markets claimant count.