Caixin macroeconomist Jack Allen-Reynolds stated in a report that the stagnation of industrial production in the Eurozone in October indicates that its industrial sector remains weak and will continue to struggle. He said that in fact, without Irish data, the G20's unchanged production data would look much worse, possibly declining by 0.5% month-on-month, while Irish data is notoriously unstable. Allen-Reynolds indicated that output in October, excluding Ireland, fell 2.8% year-on-year and was 18% lower than the output level in energy-intensive industries before the outbreak of the Russia-Ukraine conflict. He noted that automotive production is 17% lower than pre-pandemic levels, and while the performance of other industries is not as poor, the latest surveys show that overall industrial production continues to decline.
- Latest
- Detail
凯投宏观:欧元区工业的困境看不到尽头
Caixin Macro: The Dilemma of the Eurozone Industry Shows No End.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Risk Disclaimer
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Got it
Risk Disclaimer
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Got it
Write a comment
0 0 0
LikeLoveLaughing CryRespectEmmSadAngry
Tap to Select a Mood
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
Use the share button in your browser
to share the page with your friends
Tap here to share
No comments yet. Write one.
Latest
15:13
The central bank's research bureau Wang Xin: is studying further expanding the scale and applicability of carbon reduction support tools.
15:10
The Ukrainian Air Force stated that the Ukrainian air defense system shot down 58 out of 132 Russian Drones launched during the nighttime attack.
15:07
The Speaker of South Korea's National Assembly urged all members to participate in the impeachment vote.
Statement
This page is machine-translated. Futubull tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation.