Good one month, bad the next: euro-zone output contracts in December

Summary: Euro-zone industrial production down 1.1% in December, fall slightly less than expected contraction; annual growth slows from 2.8% to -1.7%; German, French 10-year yields up; expansion in three of four largest economies, not Germany. 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...

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