Industrial production figures for the Euro Area came in yesterday, showing a decrease year-on-year and an increase month-on-month, suggesting that the sector is recovering after the coronavirus crisis.

This morning,Consumer prices in Germany fell 0.1% from a year earlier in July, after a 0.9% rise in the previous month and matching preliminary estimates.

Tomorrow, the second estimate for the Euro area’s GDP will be released. The first revealed that the EU economy had entered a steep recession in the second quarter of this year.

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