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MoM Change in Industrial Production in the Eurozone

Country:
EUREurozone
Importance:
★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About MoM Change in Industrial Production in the Eurozone

The month-over-month industrial production index measures the changes in production activities within the Eurozone's mining, manufacturing, and utilities sectors from one month to the next. This data is published monthly by Eurostat and is essential for assessing industrial activity.

This month-to-month data helps track how industrial production fluctuates in the short term. An increase in production indicates a thriving industrial sector and an expanding economy. Conversely, a decrease suggests potential stagnation in the industrial sector and a slowdown in the economy.

This information is crucial for policymakers as they evaluate industrial trends and formulate appropriate economic policies. It also serves as a vital source of information for businesses and investors to understand the trends in industrial production and predict economic outcomes.

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