Eurozone sees glimmer of recovery with 3rd month of gain in industrial output

06/12/2013 | Wall Street Journal, The

April marked the third consecutive month of rising industrial production in the eurozone, with a gain of 0.4% from March. "All else being equal, this might be enough to end the euro-zone's recession," said James Howat, European economist at Capital Economics, although April's gain was concentrated in France and Germany. "Looking ahead, the prospects for the industrial sector are not especially encouraging," Howat said.

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