- Industrial production expands more than expected in November.
- Activity recovers after the setback in October.
- The trade balance registered a lower-than-expected deficit in November.
In the Eurozonethe Industrial production in November it recorded an expansion of 1%, exceeding the 0.5% expected and representing a recovery from the contraction of 1.9% in October. Compared to a year ago, it was 2% higher.
In another report it was known that the balance of trade it had a deficit of 15,200 million euros in November, less than the 34,000 million expected and the 28,000 million of October.
In Germanythe statistics office reported that the economy grew 1.9% in 2022, with GDP stagnating in the fourth quarter as a result of the war in Ukraine and rising energy prices, the statistics agency reported.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
