April euro-zone production up; still 2% lower over past 12 months

Summary: Euro-zone industrial production up 0.4% in April, less than expected; annual growth rate worsens, down 2.0%; German, French 10-year yields fall significantly; expands in all but one of euro-zone’s four largest 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...

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