Latest / The European Economy Podcast with Fexingo: ECB, Eurozone, and Continental Markets
How Spain Outperforms Germany in Eurozone Factory Output
In this episode of The European Economy Podcast, Lucas and Luna examine the widening divide in Eurozone factory output, using June 2026 data showing Spanish manufacturing surprising to the upside while German industrial production stalls. They explore structural factors: Spain's reshoring gains in automotive and renewable energy components versus Germany's export dependence on China and energy-intensive heavy industry. The hosts also connect the divergence to broader themes like trade-weighted euro strength, peripheral bond spreads, and what it means for ECB policy. Specific numbers…
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