November industrial production rise no halt to ongoing downtrend

Summary: Euro-zone industrial production up 0.2% in November, in line with expectations; down 1.9% on annual basis; German, French 10-year yields fall; expansion in three of four largest EU 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 slowdown...

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