Here Comes Eurozone Industrial Production...
Analysts expected a 0.2% increase on the month, and a 0.6% increase from October last year. But that was before we got the grim figures on industrial production from Europe's three biggest economies this month.
Germany's output for October rose by 0.2%, disappointing analysts who expected a 0.4% rise, Italian production fell by 0.1%, despite expectations for a 0.3% rise, and French production plunged 0.8%. Altogether, a 0.2% boost from the eurozone as a whole isn't looking likely.
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