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Industrial production data in Germany continued to defy the signal of doom and gloom from leading indicators.
Demand in German manufacturing rebounded slightly at the end of Q1, though the overall picture for the sector remains grim.
Friday's manufacturing data in the Eurozone were mixed.
Friday was a busy day in the Eurozone economy. The third detailed GDP estimate confirmed that growth was unchanged at 0.4% quarter-on-quarter in Q2, pushing the year-over-year rate down by 0.4 percentage points to 2.1%, marginally below the first estimate,2.2%.
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