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Euro zone output shows unexpected growth


Euro zone output shows unexpected growth


Output from euro zone factories grew more strongly than expected in August, according to new figures.

Eurostat, the EU’s statistics office, says industrial production in the bloc of 17 countries sharing the euro jumped by 1.0 percent on the month in August, after a upwardly revised 1.0 percent drop in July.

But the recovery is expected to remain slender as countries continue to suffer from record unemployment rates, weak market confidence and the impact of austerity on their economies.

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