
Industrial production has shown a notable improvement, rising by 0.8% year-on-year compared to a decline of 1.0% previously. This marks a positive recovery from the May 2024 low point when production was down 7.7%. Although this data is not expected to significantly move the markets, it does indicate a strengthening in economic activity.
Looking ahead, European Central Bank (ECB) board member Schnabel has suggested the possibility of a rate hike in 2026. Should the economic improvements continue and inflationary pressures intensify, a rate increase could become likely not only at the ECB but potentially at other central banks as well.
Prior figures for industrial production showed a 1.3% increase.
Original Source: Giuseppe Dellamotta of investinglive.com







