"Eurozone industrial production fell sharply in May, notching a 1.1 percent month-on-month decline that was led by a drop in the production of intermediate goods such as vehicles as well as non-durable items such as food.
Although it sounds trivial, a calendar issue likely exaggerated the drop in industrial production. When bank holidays fall on a Thursday in Europe, workers tend to take Friday off as well to have a long weekend. But official statistics still count the Friday as a full working day, which puts a damper on output. Over the past 30 years, Eurozone industrial production has contracted an average of nearly 2 percent in May in years when May Day occurred on a Thursday."
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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