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Factory dip rocks recovery

Manufacturing - Eurostat data has revealed a 0.4% fall in industrial production - SantanderCB

Eurostat data has revealed a 0.4% fall in industrial production across the eurozone in June, month-on-month, worse than analyst expectations. The dip followed a 0.2% decline in May and zero growth in April. The figures have raised concerns that the region's economic recovery is already running out of steam amid a sharp slowdown in Chinese growth. Monthly German industrial production unexpectedly slumped by 1.4% in June.

 

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