Wednesday, February 13, 2013

Eurozone industrial output provides hope.

Eurozone industrial production rose for the first time in four months in December, increasing 0.7% on month vs -0.7% in November and consensus of +0.2%. The numbers provide hope that the eurozone could be climbing out of its recession, although it's worth pointing out that output dropped 2.4% on year.

No comments:

Post a Comment