Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
WSJ: Euro-Zone Industrial Output Slumps
Industrial output in the 17 countries that make up the euro zone fell 0.7% from May, the sharpest drop since December; it was 2.9% stronger than in June last year, which is the weakest annual rise since January last year, the European Union's Eurostat agency said. The estimate for output growth in May was increased slightly to 0.2% on a monthly basis and 4.4% on an annual basis.

...

Official data released by France's Insee agency Friday showed the euro zone's second largest economy stalled in the second quarter after growing 0.9% in the first. The figures are a fresh blow to France after markets plunged earlier in the week on concerns about the country's triple-A credit rating following the U.S. downgrade last week.

A survey of manufacturers across the euro zone released last week by Markit had already shown the sector slowed to a near standstill in June with activity growth at its weakest level for almost two years. Within the euro zone, industrial production fell 0.8% in Germany in June, 1.7% in France, 0.6% in Italy and 0.8% in Spain, Eurostat said.

[Drew's WHEEEEE™ Technology]

Economics is politics by other means
by Migeru (migeru at eurotrib dot com) on Fri Aug 12th, 2011 at 08:02:35 AM EST

Others have rated this comment as follows:

Display:

Top Diaries

The new Utopia

by chumchu - Jul 2
32 comments

Grexit and Propaganda

by Metatone - Jun 29
50 comments

Ready for tomorrow?

by Luis de Sousa - Jun 28
24 comments

Iron Curtain Mark 2

by DoDo - Jun 23
22 comments

Yap essence of money

by das monde - Jun 26
35 comments

Recent Diaries

Occasional Series