美联储：将于12月3日美东时间09:15（北京时间22:15）发布工业产出。 ...

新华财经法兰克福11月13日电（记者马悦然）欧盟统计局13日发布的数据显示，经季节性调整后，2025 年9月欧元区工业产出环比增长0.2%，欧盟工业产出环比增长0.8%。 数据显示，这一增长是在8月份数据下滑的基础上有所转变。8月份，欧元区工业产出环比下降1.1%， 欧盟环比下降0.9%。与2024年9月相比，2025年9月欧元区工业产出同比增长1.2%，欧盟同比增长 2.0%。 在欧盟成员国中，9月工业产出环比增幅最高的是丹麦（7.2%）、瑞典（5.3%）和希腊（4.8%）；环比 降幅最大的是爱尔兰（-9.4%）、卢森堡（-5.7%）和马耳他（-1.7%）。 从同比数据来看，9月份欧元区非耐用消费品产出（2.2%）、能源产出（2.1%）、资本品产出（1.1%） 和中间产品产出（0.5%）均实现增长，但耐用消费品产出下降了3.0%。 在欧盟成员国中，同比增幅最高的是瑞典（14.7%）、丹麦（9.5%）和希腊（7.1%）；同比降幅最大的 是保加利亚（-5.6%）、卢森堡（-3.4%）和立陶宛（-2.3%）。 （文章来源：新华财经） 从环比数据来看，9月份欧元区能源产出增长1.2%，中间产品和资本品产出均增长0. ...

经济观察网欧元区9月工业产出环比增长0.2%，预期0.7%。欧元区9月工业生产较上年同期上升1.2%， 符合市场预期。 ...

Group 1 - The core point of the article is that Germany's industrial output showed a month-on-month increase in September, primarily driven by the automotive sector, but overall industrial performance remains weak [1][2]. Group 2 - In September, Germany's industrial output increased by 1.3% month-on-month, recovering from a 3.7% decline in August, but the overall industrial output for the third quarter decreased by 0.8% [1]. - The automotive sector, Germany's largest industrial segment, saw a significant month-on-month output increase of 12.3% in September, following a 16.7% decline in August due to summer factory closures and production line adjustments [1]. - Excluding the construction and energy sectors, industrial output in September increased by 1.9% [1]. - Year-on-year, Germany's industrial output in September decreased by 1% after seasonal adjustments [1]. - The Kiel Institute for the World Economy noted that the September industrial output growth was below expectations and insufficient to offset the previous month's losses, indicating a stabilization at low levels for the year [2]. - The industrial business conditions in Germany have deteriorated, characterized by declining competitiveness and weak private investment, which will continue to drag down industrial performance in the short term [2]. - Despite the challenges, businesses have improved their future outlook, hoping that increased government spending next year will enhance infrastructure and support long-term industrial growth [2].

Group 1 - Germany's industrial output increased by 1.3% month-on-month in September, recovering from a 3.7% decline in August, but the overall industrial output for Q3 decreased by 0.8% [1][2] - The construction sector saw a month-on-month decline of 0.9% in September, while the energy sector experienced a growth of 1.3%. Excluding construction and energy, industrial output rose by 1.9% [1] - The automotive industry, Germany's largest industrial sector, reported a month-on-month output increase of 12.3% in September, following a significant 16.7% decline in August due to summer factory closures and production line adjustments [1] Group 2 - Year-on-year, Germany's industrial output fell by 1% in September, indicating that the recovery is primarily influenced by fluctuations in the automotive sector and does not signify a fundamental turnaround for German industry [2] - The overall manufacturing sector remains weak, particularly in energy-intensive industries such as chemicals, glass, and paper, which are either stagnant or experiencing output declines [2] - The Kiel Institute for the World Economy noted that the industrial output growth in September was below expectations and insufficient to compensate for the previous month's losses, with new orders remaining stable [2]

Core Insights - The service sector in the Eurozone shows significant divergence, with Germany, Spain, and Italy experiencing expansion, while France remains in contraction for the 14th consecutive month [1][2][3][4] Service Sector Performance - France's October service PMI is at 48.0, below September's 48.5, indicating ongoing contraction due to weak demand and political uncertainty [1] - Germany's service PMI rose to 54.6, the highest since May 2023, driven by increased domestic demand and new business growth [2] - Italy's service PMI increased to 54.0, marking the strongest expansion in 17 months, supported by strong output and new orders [3] - Spain's service PMI surged to 56.6, the highest in ten months, with business activity boosted by marketing efforts and new contracts [3] Manufacturing Sector Performance - The Eurozone manufacturing sector shows fragile recovery, with output growing for the eighth consecutive month but new orders remaining flat [4] - Germany's manufacturing sector continues to show signs of contraction, with a significant slowdown in output growth [4] - France's manufacturing PMI remains below the 50 mark for 34 months, affected by domestic political instability and weak customer demand [4] - Greece's manufacturing PMI remains in expansion for the 12th month, driven by robust domestic demand [5] Overall Economic Outlook - The Eurozone exhibits a "strong South, weak North" pattern in the service sector, with Southern European countries benefiting from improved domestic demand and stable policy environments [6] - The manufacturing sector reflects a similar "strong South, weak North" dynamic, with Southern countries emerging as growth drivers amid challenges faced by traditional industrial engines like Germany and France [6]

Core Insights - Eurozone industrial production decreased by 1.2% month-on-month in August, compared to a previous increase of 0.3% [1] Group 1 - The decline in industrial production indicates a potential slowdown in economic activity within the Eurozone [1] - The previous month's growth of 0.3% has been reversed, highlighting volatility in the industrial sector [1]

Core Insights - South Korea's industrial output in June increased by 1.6% year-on-year, which is below the expected growth of 3.2% and a revision from the previous value of 0.20% to -0.3% [1] Summary by Category - **Industrial Output Performance** - June's industrial output growth of 1.6% is significantly lower than market expectations of 3.2% [1] - The previous month's industrial output was revised from 0.20% to a decline of -0.3% [1]

Core Insights - Japan's industrial output for May showed a final month-on-month change of -0.1%, revised down from an initial estimate of 0.5% [1] Summary by Category - **Industrial Output** - The final month-on-month industrial output for Japan in May was -0.1% [1] - The initial estimate for the same period was 0.5%, indicating a downward revision [1]

Group 1 - Japan's industrial output for May showed a year-on-year decline of 2.4%, which is a downward revision from the initial estimate of a decline of 1.8% [1]