Second consecutive month of lower output in euro-zone

Summary: Euro-zone industrial production down 0.3% in June; contraction in contrast to 0.4% increase expected; annual growth rate falls, “base effects” still present; production down in only one of euro-zone’s 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...

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