YoY Change in Industrial Production in the Eurozone
Eurozone| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The year-over-year comparison of industrial production measures how production activities in the Eurozone's mining, manufacturing, and utilities sectors have increased or decreased in a specific month compared to the same month the previous year. This data is published monthly by Eurostat and is crucial for assessing industrial activity.
This year-over-year data helps understand how industrial production has fluctuated over a long period. An increase in production indicates that the industrial sector is thriving and that the economy is expanding. Conversely, a decrease in production suggests that the industrial sector may be stagnating and the economy slowing down.
This information is valuable for policymakers as they assess industrial trends and formulate appropriate economic policies. It also serves as a crucial source of information for businesses and investors to gauge the direction of industrial production and economic forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
