Euro zone industry output dragged down by France, Italy

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Euro zone industrial production fell in March for a second straight month as out...

FILE PHOTO: General view of the skyline of La Defense business district with its Arche behind Paris' landmark, the Arc de Triomphe and the Champs Elysees Avenue in Paris, France, January 13, 2016. REUTERS/Charles Platiau/File Photo

Eurostat said output in the 19 countries sharing the euro dropped by 0.3% on the month, in line with market expectations, and by 0.6% year-on-year. In a positive sign, production of durable consumer goods, such as cars or fridges, went up by 0.7% on the month, signaling managers’ expectations of a rebound in sales of more expensive items.

 

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Exactly why the EU is garbage. Germany with all the GDP is propping up the whole continent.

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