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Eurozone Industrial Resilience, Narrower Trade Deficit Signal Shallow Recession

Por: RTTNews Business January 13, 2023

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A recovery in the euro area industrial production due to higher demand as supply constraints continued to ease along with a fall in commodity prices, and a narrowing in the trade deficit on the back of strong export growth add to signs that the single currency bloc is set for a shallow recession.Elsewhere in the region, Germany reported the gross domestic product figures for 2022, which showed that growth slowed less than expected in the biggest... + full article



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