Euro zone out­put re­verses trend

Weekend Argus (Saturday Edition) - - BUSINESS -

BRUS­SELS: In­dus­trial out­put in the euro zone fell 0.3 per­cent in May, fol­low­ing three con­sec­u­tive months on the rise, the Euro­stat data agency said.

In April in­dus­trial out­put rose 0.5 per­cent.

The April and March fig­ures were a huge im­prove­ment on pre­vi­ous per­for­mance and an­a­lysts said the lat­est re­port sug­gested the euro zone re­ces­sion could be near its end.

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