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Eurozone Industrial Production down by 0.8%

In September 2016 compared with August 2016, seasonally adjusted industrial production fell by 0.8% in the euro area (EA19) and by 0.7% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In August 2016 industrial production rose by 1.8% in the euro area and by 1.6% in the EU28. In September 2016 compared with September 2015, industrial production increased by 1.2% in both zones.

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Eurozone PPI rose 0.1%

In September 2016, compared with August 2016, industrial producer prices rose by 0.1% in the euro area (EA19) and by 0.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In August 2016 prices fell by 0.2% in both zones. In September 2016, compared with September 2015, industrial producer prices decreased by 1.5% in the euro area and by 1.1% in the EU28.

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Eurozone CPI stable at 0.2%

Euro area annual inflation is expected to be 0.2% in August 2016, stable compared with July 2016, according to a flash estimate from Eurostat, the statistical office of the European Union.

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Eurozone figures will show if more stimulus is needed

After five weeks of silence, the European Central Bank president is leaving it largely to a raft of economic data to fine-tune policy expectations ahead of the Governing Council’s next meeting on Sept. 8. Reports covering inflation to business confidence and unemployment in the coming days may signal whether more stimulus is needed to sustain the recovery and revive price growth amid potential fallout from Britain’s vote to leave the European Union.

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