New data Industrial Production MoM (Jun)

8/2/2024

actual 0.8, previous -2.2

The event is the Industrial Production MoM (Month-over-Month) for June in France. The actual value reported is 0.8%, which indicates the percentage change in industrial production compared to the previous month.

The impact of this event is considered medium, meaning it could have some influence on the market. The previous value was -2.2%, so the current increase of 0.8% shows a positive trend in industrial production in France.

The market estimate was 1%, so the actual value of 0.8% fell slightly below expectations. However, the change percentage from the previous value is 136.364%, indicating a significant improvement in industrial production compared to the previous month.

Overall, this event suggests a moderate increase in industrial production in France for the month of June, which could have implications for the country's economic performance and potentially impact the Euro (EUR) currency.

This is not investment advice. Remember to verify the information provided here.