Eurozone industrial outlook clouded as energy risks return

The outlook for the eurozone industry has become increasingly uncertain as production fell in Jan and rising energy prices linked to the Middle East conflict threaten to derail the eurozone’s fragile manufacturing recovery, according to an analysis by Dutch-based multinational financial institution ING.

Eurozone industrial outlook

Eurozone industrial production dropped 1.5% MoM in Jan, following a decline of 0.6% in Dec. The Jan reading marked the lowest level of industrial output since Dec 2024, indicating that recent optimism among manufacturers has not yet been reflected in actual production data, according to the analysis.

The sharp fall in Irish industrial production contributed significantly to the January decline. (XinHua)

Business News