Euro-zone output falls; Italy drags on expansion

12 November 2020

 

Summary: Euro-zone industrial production falls back in September; monthly figure significantly less than consensus estimate; annual rate still very negative; German, French Spanish production expands, Italy contracts.   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 early 2016. Growth rates then fluctuated through 2016/2017 before beginning a steady and persistent slowdown from the...

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