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Euro zone industrial output tumbles

economy

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Industrial output in the euro zone dived again in March. It fell by 20.2 percent compared with the same month last year – a new record.

It slumped two percent from February. The figures point to a sharp contraction in first-quarter economic growth and economists say they offer no cause for optimism about “green shoots” of economic recovery predicted in some forward looking business surveys.More about: ,

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