Macro Pulse EU: Euro Area Industrial Production Points to Stabilisation, Not Acceleration
Euro area factory activity remains positive at the margin, but uneven production trends and weak capital goods output suggest Europe’s growth recovery remains fragile.
In the latest Credit Compass, Gordon Kerr discusses how Gulf energy relief could ease inflation pressure, why sluggish industrial production still points to stabilisation rather than acceleration, and how UK political uncertainty could affect gilts, sterling, and policy expectations. Listen to Gordon Kerr’s insights on: Apple | Spotify | YouTube or visit kbra.com/macrocredit
Euro area industrial production has moved beyond its weakest phase, but the recovery remains…
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