EC 14th June- Seasonally adjusted industrial production up 0.8%...

EC 14th June-
Seasonally adjusted industrial production up 0.8% in April over previous month. (Annual rate 9.6%)
Up 9.5% on same month in 2009.
Highest was Estonia up 18.7 % year on year, Holland +14.7% y/o/y, Germany + 13.9%. Romania +4.2% Greece down. Only 3 countries down. Greece, Ireland, Bulgaria. AEZ is only in one of those.
These figures are described as "very strong" being highest growth rate since 1991 for April. Just Google it. Easy to confirm. So...Spain is up. Austria is up, Italy is up etc.
Exports driving with lower Euro. Euro up sharply today on the news.
Thanks for the info on IIF.
Everywhere I look the occupancy for retail property is the highest of retail, office and industrial. Ca'nt see valuations deteriorating much now, sharp increase from the depths quite possible. Bumpy ride maybe but trend back up.