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ECONOMICS COMMENTARY
Jul 14, 2014
Eurozone industrial production falls in May and business optimism wanes
Eurozone industrial production fell sharply in May. Although the decline is likely to have been temporary, the disappointing numbers add to evidence that economic growth in the region is slowing. Business optimism and hiring intentions have cooled from the three year highs seen earlier in the year, led by darkening clouds forming over the French economic horizon in particular.
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