Seeking Alpha

Eurozone September industrial output disappoints

  • Eurozone industrial output falls 0.5% M/M in September, worse than the 0.3% decline economists were expecting.
  • Breakdown: Intermediate goods, -0.8%; energy, +1.3%; capital goods, -1%; durables, -2.6%; non-durables, -0.2%.
  • The data comes a day ahead of the first estimate on eurozone GDP.
  • ETFs - Stocks: EZU, VGK, FEZ, EPV, IEV, ADRU, FEP, FDD, UPV, EPV, DFE, FEU, FEEU. Bonds: EU. Euro: FXE, ERO, ULE, URR, EUO, DRR, EUFX
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