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Energy drags Eurozone industrial production lower

Mar. 14, 2018 8:42 AM ETEZU, FXE, ERO-OLD, URR, DRR, ULE, EUO, EUFX, FEUZ, HDEZBy: Gaurav Batavia, SA News Editor
  • January Eurozone industrial production was lower 1.0% M/M, +2.7% Y/Y missing estimates of -0.4% M/M, +4.7% Y/Y mainly due to a sharp drop in the output of energy.
  • Energy had the biggest downward pull on the aggregate number because its production fell 6.6% M/M, and 10.4% Y/Y.
  • Source: Investing.com
  • ETFs: EZU, FEUZ, HDEZ, FXE, EUO, ERO, DRR, ULE, EUFX, URR

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