EU production beats estimates; outlook still “soft”

13 November 2019

 

As with other countries’ measures of industrial production, Eurostat’s industrial production index measures the output and activity of industrial sectors in euro-zone countries in aggregate. Following a recession in 2009/2010 and the resultant European debt-crisis of 2010-2012, euro-zone industrial production began to recover until a peak was reached four years later in early-2016. Growth rates then slowed through the rest of 2016, accelerated during 2017 and then began a steady...

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