Euro-zone production up 1.5% in August; “may not last”

12 October 2022

 

Summary: Euro-zone industrial production up 1.5% in August, greater than expected; annual growth rate swings from -2.5% to +2.5%; rebound “may not last”; German, French 10-year yields increase slightly; expansion in three 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...

read full story