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Eurozone | Weakness persists due global headwinds weigh on export orders and industry

Published on Friday, March 1, 2019 | Updated on Monday, March 4, 2019

Eurozone | Weakness persists due global headwinds weigh on export orders and industry

The hard data up to December were mixed. We saw industrial production continue to decline and exports continue to recover. Also on the positive side, confidence seems to have stopped its downward trend in February. Because of all this our MICA estimates that Eurozone growth for 1Q19 will maintain at around 0.2% q/q.

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