Eurozone industrial output slips, but turnaround could be in store

01/14/2013 | Reuters

Mixed signals are emerging from the eurozone's unexpected 0.3% drop in industrial production in November. Though it was the third consecutive month of decline, and factory output alone was down 4%, one positive sign was the 0.7% growth in production of machinery used to make other goods, pointing to a possible pickup in business and marking a turnaround after two months of decline in this sector.

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