Economics

Eurozone industrial output bounces back

A rebound in eurozone industrial output for June is another pointer that the single currency bloc is finally edging out of a record 18-month recession, official data showed on Tuesday.

13.08.2013

(AFP) A rebound in eurozone industrial output for June is another pointer that the single currency bloc is finally edging out of a record 18-month recession, official data showed on Tuesday.

Industrial production in the 17-nation eurozone increased by 0.7 percent from the level in May when it fell 0.2 percent, bolstering hopes that overall economic growth figures due on Wednesday will show a long-awaited switch out of recession.