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Tuesday, January 14, 2014

Eurozone industrial output rebounds.

Eurozone industrial production swung to growth of 1.8% on month in November from a drop of 0.8% in October and comfortably topped consensus of +1.4%. On year, output jumped to 3% from 0.5% and was more than double expectations. The improvement was widespread, with Germany and France enjoying good growth and Ireland surging.

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