One step forward, one back: euro-zone ind. production figures down 1.1% in Sep

Summary: Euro-zone industrial production down 1.1% in September, less than expected; down 6.9% on annual basis; German, French 10-year yields rise; output contracts in two of four largest euro economies. Following a recession in 2009/2010 and the debt-crisis which flowed from it, euro-zone industrial production recovered and then reached a peak four years later in 2016. Growth rates then fluctuated for two years before beginning a steady and persistent slowdown...

read full story