Live Updates > Live Update Details
2025-09-16 17:30:29
Eurozone Industrial Output Grew Slightly, Showing Initial Resilience Amid Trade Shadows. ⑴ Eurozone industrial output grew slightly by 0.3% month-over-month in July, slightly below market expectations of 0.4%, demonstrating some resilience in the sector amid trade tensions, though the pace of expansion remained subdued. Year-over-year, output grew by 1.8%, exceeding expectations for a 1.7% increase, partially due to significant upward revisions to June data. ⑵ Despite the lackluster overall data, output of capital goods, durable goods, and non-durable goods all achieved monthly expansions exceeding 1%, indicating positive signs in some industrial sectors. However, a 2.9% decline in energy output, a volatile commodity, weighed down the overall data. ⑶ Germany, the eurozone's largest economy, saw industrial output rise by 1.5% month-over-month in July, serving as the primary driver of regional growth. However, industrial output in France and Spain both saw monthly declines during the same period, highlighting diverging economic performance within the region. ⑷ Looking ahead, survey data from some institutions show that with fiscal policy support from countries including Germany and increased defense spending in the region, it is expected that manufacturing activities will be more significantly boosted by the end of 2025 and 2026.
