Share this Post on Twitter

Thursday, April 16, 2009

Eurozone Industrial Production Collapse

Bloomberg details:

Industrial production in Europe contracted by the most on record in February as the deepening global recession curtailed demand for manufactured goods around the world. Output in the euro region fell 18.4 percent from the year-earlier month, the biggest drop since the data series began in 1986, after a revised 16 percent decline in January, the European Union’s statistics office in Luxembourg said today.
Source: Eurostat