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Eurozone Industrial Production declined by 0.8%

In March 2016 compared with February 2016, seasonally adjusted industrial production fell by 0.8% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from Eurostat. Analysts were predicting 0.1% increase. In February 2016 industrial production fell by 1.2% in the euro area and by 1.0% in the EU28.
In March 2016 compared with March 2015, industrial production increased by 0.2% in the euro area and by 0.3% in the EU28.  Read more...

Eurozone PPI up by 0.3% in March

In March 2016, compared with February 2016, industrial producer prices rose by 0.3% in the euro area (EA19) and by 0.4% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In February 2016 prices fell by 0.7% in the euro area and by 0.6% in the EU28. In March 2016, compared with March 2015, industrial producer prices decreased by 4.2% in the euro area and by  4.1% in the EU28.  Read more...

Eurozone CPI expected to be -0.2% in April

Euro area annual inflation is expected to be -0.2% in April 2016, down from 0.0% in March. Looking at the main components of euro area inflation, services is expected to have the highest annual rate in April (1.0%, compared with 1.4% in March), followed by food, alcohol & tobacco (0.8%, stable compared with March), non-energy industrial goods, (0.5%, stable compared with March) and energy (-8.6%, compared with -8.7% in March).
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EUR/USD Weekly Forecast - 18 April – 22 April

Events that marked the week:

From Eurozone, on Wednesday, Industrial Production data was published. In February 2016 compared with January 2016, seasonally adjusted industrial production fell by 0.8% in the euro area (EA19) and by 0.7% in the EU28, according to estimates from Eurostat. Analysts were expecting 0.6% decrease.The decrease of 0.8% in industrial production in the euro area in February 2016, compared with January 2016, is due to production of non-durable consumer goods falling by 1.8%, energy by 1.2%, durable consumer goods by 0.4% and capital goods by 0.3%, while production of intermediate goods remained stable.

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