| Source | |
| Measures | Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; |
| Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
| Frequency | Released monthly, about 45 days after the month ends; |
| Next Release | |
| FF Notes | Tends to have a relatively mild impact because Germany and France, which account for about half of the Eurozone's economy, release earlier production data; |
Why Traders
Care | It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings; |
| Also Called | Industrial Output; |
