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Home International Customs Beljium

Eurozone industrial production rebounds in April

byCT Report
15/06/2016
in Beljium
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BRUSSELS: Industrial production rose 1.1 percent across the eurozone during April. Official figures published on Tuesday could lift growth hopes for the region after a two-month decline in output, AP said.

The main reason for the increase was a higher production of big-ticket items like kitchen appliances or furniture, capital goods and non-durable consumer goods, according to Eurostat. The industrial production in Germany and France grew by 1.1 percent and 1.2 percent respectively. In Greece, output jumped 3.6 percent, while Spain faced a decline of 0.1 percent.

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