Spanish industrial output tumbles before austerity measures - News - Dukascopy Bank

Wed, 11 Jan 2012 14:55:36 GMT
Source: Forexfactory
 
© Scanpix/Reuters

Spain's industrial output tumbled in November, declining the most in the last two years. The fourth-largest economy in the EU signaled contraction even before the government started to implement the austerity measures.  Adjusted industrial output lost 7% in November on a yearly basis, reported the National Statistics Institute in Madrid.


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