Eurozone industrial output drops 1.5% in July | Bangkok Post: news

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Eurozone industrial output drops 1.5% in July

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Eurozone industrial output fell by 1.5 percent in July, data showed Thursday, dampening hopes for a continuation of the growth that helped the currency bloc escape recession. 

Volkswagen cars are being welded by robots at the assembly line in Wolfsburg on March 7, 2012. Eurozone industrial output fell by 1.5 percent in July, data showed, dampening hopes for a continuation of the growth that helped the currency bloc escape recession.

The 1.5 percent drop in July from June followed a downwardly revised 0.6 increase in June, the EU statistics agency Eurostat said.

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