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2025-09-16 17:33:44
[European Industrial Pulse Plummets: Who's Resisting the Cold Winter?] ⑴ July industrial production data showed divergence in Europe. Bulgaria, with a year-on-year decline of -8.3%, saw the most significant decline in industrial output within the EU. This may reflect the severe challenges facing its industrial sector in the current complex macroeconomic environment. ⑵ In contrast, Romania's industrial production recorded a year-on-year growth of 2.7%, the strongest performance in Southeast Europe and far exceeding the EU average of 1.8%, demonstrating the country's resilience amidst economic headwinds. ⑶ Monthly data showed a 2.6% month-on-month increase in Croatia's industrial output, a 2.1% increase in Slovenia, and a 0.3% monthly decline in Romania's output. Overall, EU industrial output saw a slight monthly increase of 0.2% in July, but significant internal variations may impact market sentiment. ⑷ While overall EU monthly data remained stable, Bulgaria's sharp year-on-year decline and volatile monthly data from some countries suggest that structural issues within the European economy persist, potentially dampening investor risk appetite.
