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- Eurozone: Industrial Production unexpectedly flat in December
Eurozone: Industrial Production unexpectedly flat in December
Eurozone's Industrial Production came in unexpectedly flat in December according to Eurostat. The data fuels concerns over the economic outlook of the single currency bloc. Analysts had forecasted a growth around +0.3%. Novembers figures were revised down from +0.3% to +0.2%.
Year on year Industrial Production declined by -0.2% in December from a year earlier, compared to forecast of an increase of +0.3%.
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