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Euro zone industry output slips

Euro zone industry output slips
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Euro zone industrial production declined in June, falling sharply in France and Germany.

Output in the 16 countries using the euro fell 0.1 percent month-on-month. It was up 8.2 percent from June last year.

The drop followed sharp increases in April and May.

The output figures indicate momentum may have faltered late last quarter although the data are volatile and forward-looking reports for the third quarter have so far been positive.