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Manufacturing up across the eurozone boosted by weak euro


economy

Manufacturing up across the eurozone boosted by weak euro

Manufacturing activity across the eurozone accelerated faster than expected in March while the weak euro encouraged overseas buyers to increase orders.

Ireland and Spain led the way, but growth also improved in Germany, Italy and the Netherlands.

Not everything in the garden is rosy however as production declined in France, Austria and Greece.

On the plus side the overall rise in production is leading to much needed job creation.

Unemployment in the euro area is currently running at an unacceptable 11.3 percent.

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