Eurozone IP expected to rebound 0.3%MoM in April – Danske

FXStreet (Barcelona) - The data for the individual countries suggests the Eurozone industrial production today might rebound higher to 0.3%MoM in April, according to Kristoffer Kjær Lomholt , Analyst at Danske Bank.

Key Quotes

“In the data calendar the main release in the euro area is industrial production for April. The data released for individual countries have been mixed with German industrial production stronger than expected and France and Italy weaker. Overall the data suggest that industrial production will rebound 0.3% m/m in April after it declined 0.3% m/m in the previous month.”