Euro zone industry output drops by more than expected in July
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BRUSSELS (Reuters) - Euro zone production fell for a second consecutive month and by more than expected in July, showing industry in the single currency bloc entering the third quarter in a negative tone. Industrial production in the euro zone area fell by 0.4% in July from June and by 2.0% year-on-year. Economists had predicted less sharp drops in output of 0.1% month-on-month and 1.3% from a year earlier.Eurostat did though revise up its June data, which now shows a 1.4% drop in production in..