Supply chains “remain a drag” as euro-zone output recovers

14 June 2021

 

Summary: Euro-zone industrial production up solidly in April; expansion double expected figure; annual growth rate jumps again on “base effects”; supply chain problems still “a drag on growth”; expansion in only two of euro-zone’s four 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...

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