German industrial production falls more than expected in December。However, recent German factory orders have limited the impact on EUR / USD.。

As the EU's largest economy, Germany is facing the impact of soaring prices and rising interest rates, especially for German manufacturing.。

Throughout 2023, the Eurozone economy grew by 0.5%。However, the outlook for 2024 remains challenging against the backdrop of high interest rates and inflation, as well as weak domestic and foreign demand.。

Eurozone exports beat expectations in November to 20.3 billion euros, well above market expectations of 11.2 billion euros.。This is a significant increase from the November 2022 trade deficit of 13.8 billion euros.。

Eurozone consumer prices up slightly in December 0.2%, compared to a decline of 0 in the previous month.6%。

Eurozone Manufacturing Purchasing Managers Index (PMI) ended at 44 in December.4, slightly higher than the preliminary reading of 44.2。

Euro zone annual consumer price index (CPI) inflation rises to 2 in December.9%, compared with 2 in November.A more than two-year low of 4% has risen。

Eurozone economic data show jobless rate falls to 6 in November quarter-on-quarter.4%, compared with 6 in the previous month.5% slight decline。

Food, beverage and tobacco sales fell by 0 in November..1%, showing a negative growth trend for the second consecutive month。Meanwhile, non-food sales (excluding fuel) declined by 0.4%。

On October 20, according to a survey, analysts generally believe that the outcome of the European Central Bank meeting next week will be: suspend interest rate hikes and keep interest rates running high。Respondents also expect the ECB to cut interest rates for the first time in September。