Euro-zone output still erratic; up 1% in November

13 January 2023

 

Summary: Euro-zone industrial production up 1.0% in November, double expected figure; annual growth slows from 3.4% to 2.0%; German, French 10-year yields up modestly; expansion in two of 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 and persistent...

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