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ECONOMICS COMMENTARY Feb 13, 2013

Eurozone industrial production suffers steepest quarterly fall since early-2009

Industrial production rose across the euro area in December, but the increase follows steep falls in each of the previous three months and care should therefore be taken in interpreting this single data point as the start of a recovery. The data nevertheless add to survey evidence which suggest that the region's economy is showing signs of being on the mend.

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