Tuesday, December 15, 2009

Industrial production slides in eurozone


Reversing a five-month streak of expansion, industrial production in the eurozone dropped 0.6% in October compared with September, Eurostat said. "All in all, survey data signal that the strong rebound in industrial output observed over recent months is losing momentum," said Clemente De Lucia of BNP Paribas. "The impact of the car incentive schemes is starting to ease and will not be felt anymore next year." Google/Agence France-Presse




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