According to the most recent data released by Eurostat on Monday, the industrial sector activity in the Eurozone recovered in July.
As anticipated, the old continent's industrial output increased 1.3% month-over-month (MoM) in July after declining 1.9% in June.
Compared to June's -3.6% increase, Eurozone Industrial Production grew by 1.5% annually during the same time period.
Reaction of EUR/USD to the data on Eurozone Industrial Production
As anticipated, the old continent's industrial output increased 1.3% month-over-month (MoM) in July after declining 1.9% in June.
Compared to June's -3.6% increase, Eurozone Industrial Production grew by 1.5% annually during the same time period.
Reaction of EUR/USD to the data on Eurozone Industrial Production
