Eurozone industrial output declines in December
Thursday, the Eurostat announced that Eurozone industrial output declined 2.6% month-on-month in December, compared with a revised 2.2% fall in the previous month, initially 1.6% decline was reported for November.
German industrial output fell sharply in December, putting the manufacturing core of Europe's largest economy on a weakened footing going further into this year and dealing a fresh setback to recovery hopes.