Kommentar: De økonomiske nøgetal for europæisk økonomi fortsætter med at skuffe.
Markedet tolker det som en indikation på, at den europæiske centralbank vil træde endnu mere på speederen omkring opkøb af obligationer og måske også børsnoterede aktier.
Patienten holdes oppe med endnu et skud morfin, men hvornår bliver det for meget?
Production in July 2016: –1.5% seasonally adjusted on the previous month
WIESBADEN – In July 2016,production in industry was down by 1.5% from the previous month on a price, seasonally and working day adjusted basis according to provisional data of the Federal Statistical Office (Destatis). In June 2016, the corrected figure shows an increase of 1.1% (primary +0.8%) from May 2016.
In July 2016, production in industry excluding energy and construction was down by 2.3%. Within industry, the production of capital goods decreased by 3.6% and the production of consumer goods by 2.6%.The production of intermediate goods decreased by 0.8%. Energy production was up by 2.6% in July 2016 and the production in construction increased by 1.8%.
The rates of change refer to the production index for the industry (2010 = 100). Seasonal and working day adjustment is done using the Census X-12-ARIMA method.
Basic data and long time series on the production index in industry are also available through the table “Index of production in manufacturing” (42153-0001) in the GENESIS-Online database.
