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Thursday, December 12, 2013

Eurozone industrial output surprisingly falls.

The eurozone's recovery continues to remain shaky, with industrial production dropping 1.1% on month in October after falling 0.2% in September and missing consensus for a rise of 0.3%. On year, output increased 0.2%, as in September, but came in well below forecasts of 1.1%. The euro was -0.1% at $1.3773 at the time of writing.

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