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2019/10/11 / Erste Group Research

Week Ahead - Eurozone industry, European Council meeting on Brexit

Based on the figures available so far, we expect a slight increase in industrial production in the Eurozone in August, following a 0.4% decline in July. As a result, the downward pressure exerted by industry on the Eurozone economy should ease somewhat in 3Q19.

Next week, on Thursday and Friday, the next meeting of the European Council will take place. Although there are three items on the agenda (Strategic Agenda, Climate), Brexit will be the focus of interest. The most likely outcome for us is that the heads of government will signal their willingness to postpone the Brexit date under certain conditions.

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General information

AuthorErste Group Research
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-


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