According to estimates released by the Eurostat, the statistiscal office of the European Union, seasonal adjusted industrial output for September 2010 fell by 0.9% in the euro area (EA16) and by 0.5% in the EU27 as compared with August 2010 data. However, if compared against September 2010, industrial production increased by 5.2% in the euro area and by 5.8% in the EU27. Is the Eurozone slowing down?
From the chart above, current industrial output is still below 2005 level.
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