Eurozone: Manufacturing recovery faces energy risks – ABN AMRO
ABN AMRO expects Eurozone and German industrial production to rebound, helped by recovering domestic demand and stronger defence-related activity in Germany. However, it looks for a pullback in German factory orders after late-2025 strength. Overall, the bank judges manufacturing to be on a recovery path, but notes new headwinds from higher energy prices that could temper momentum.
Industrial output seen rebounding cautiously
"Eurozone – Industrial production is likely to have rebounded in Germany and the broader eurozone, reflecting the recent recovery in domestic demand – especially from the defence sector in Germany."
"With that said, factory orders in Germany are likely to register a pullback in January following the surge in orders in the final months of 2025."
"Big picture, the manufacturing sector remains on a recovery path, notwithstanding the new headwinds from higher energy prices."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Nothing in this material constitutes investment advice, personal recommendation, investment research, an offer, or a solicitation to buy or sell any financial instrument. The content has been prepared without consideration of your individual investment objectives, financial situation, or needs, and should not be treated as such.
Past performance is not a reliable indicator of future performance and/or results. Forward-looking scenarios or forecasts are not a guarantee of future performance. Actual results may differ materially from those anticipated.
Mitrade makes no representation or warranty as to the accuracy or completeness of the information provided and accepts no liability for any loss arising from reliance on such information.
Recommended Articles
