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InstaForex - Official partner of Dragon Racing

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

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InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.

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InstaForex - Official partner of Dragon Racing

2019.07.1205:16:00UTC+00Eurozone Industrial Production Growth Exceeds Expectations

Eurozone industrial production rebounded at a faster than expected pace in May largely driven by consumer goods output, figures from Eurostat revealed Friday.

Industrial output grew 0.9 percent month-on-month in May after declining 0.4 percent in April. This was the first increase in four months. Production was forecast to grow 0.2 percent.

Durable and non-durable consumer goods output advanced 2.3 percent and 2.7 percent, respectively. Output of capital goods gained 1.3 percent and that of energy was up 0.7 percent.

Meanwhile, production of intermediate goods dropped 0.2 percent.

On a yearly basis, industrial production declined 0.5 percent, following a 0.4 percent drop in April. Economists had forecast a 1.6 percent rise for May.

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