German output expands, others go backwards in January

15 March 2023

 

Summary: Euro-zone industrial production up 0.7% in January, rise more than expected; annual growth rate accelerates from -2.1% to +0.9%; German, French 10-year yields drop on banking news; German output expands, contracts in France, Spain, Italy. 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...

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