February eurozone industrial production -6.4% vs -5.7% expected ...Middle East

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February eurozone industrial production -6.4% vs -5.7% expected
Production up 0.8% m/m vs +0.8% expectedPrior was -3.2% (revised to -3.0%)Production -6.4% vs -5.7% expectedPrior y/y reading was -6.7% (revised to 6.6%)The big miss on the y/y reading despite higher revisions to the prior suggest some deeper negative revisions down the line.Any way you slice it, a 6.4% reduction in industrial production is disastrous. This article was written by Adam Button at www.forexlive.com.

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