Highlights
- German industrial production unexpectedly fell in November.
- Recent German economic indicators continue to threaten a euro area recession.
- Eurozone unemployment numbers are up next.
On Tuesday, the German economy was in the spotlight for the second session.
German Industrial Production
German industrial production unexpectedly declined by 0.7% in November after falling by 0.3% in October. Economists forecast industrial production to rise by 0.2%.
Euro Area Recession Risk Remains
The risk of a euro area recession lingered at the start of 2024. On Monday, the Sentix Indicator showed Germany still in recession,…
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