Eurozone output down by nearly one-fifth in the last year

Industrial output in the 16 countries of the eurozone area fell by 2.3% in February compared to the previous month. Overall, this meant that when February’s output was compared with a year earlier it had fallen by 18.4%.   There has been a general cutback in industrial output as the recession has worsened and demand fallen. However, the fall in … Continue reading

Posted by Nigel Tree | Comments Off on Eurozone output down by nearly one-fifth in the last year