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Eurozone Industrial Production rises faster by 0.4% MoM in November vs. 0.3% estimates

The Eurozone industrial sector activity rises 0.4% in February, faster than estimates of 0.3%, according to data published by Eurostat on Wednesday. In January, the Industrial Production data was declined by 0.8%, revised higher from -1.5%.

On an annualized basis, the industrial output declined steadily by 0.6%, while it was expected to have contracted at a faster pace of 1%. The January reading was revised higher from -1.2%.


 

NOK: Policy shift supports restrictive stance – Commerzbank

Antje Praefcke at Commerzbank highlights that Norges Bank has turned more hawkish after the Middle East war pushed up energy prices and inflation risks. The policy rate remains at 4%, but guidance and the rate path now signal a hike in June and possibly further moves later in 2026.
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India Trade Deficit Government dipped from previous $27.1B to $20.9B in March

India Trade Deficit Government dipped from previous $27.1B to $20.9B in March
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