Production recovery continues in euro-zone

12 August 2020

 

Summary: Euro-zone industrial production continues recovery after huge falls in March, April; monthly figure less than consensus estimate; annual rate still very negative; major euro-zone economies except Italy exceed overall rate.   Following a recession in 2009/2010 and the debt-crisis of 2010-2012 which flowed from it, euro-zone industrial production recovered and then reached a peak four years later in early-2016. Growth rates then fell and recovered through 2016/2017 before beginning...

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