Eurozone industrial production falls
by Phillip Inman economics correspondent from on (#QETN)
Latest figures show 0.5% decline brought on by China's market troubles and decline in demand for westerm cars and tools in Asia
Industrial production in the eurozone slumped in August by 0.5%, according to official figures that illustrate the impact of falling demand for Europe's cars and machine tools in China and the east Asia.
The latest figures showed an even bigger drop in the year-on-year growth rate to just 0.9% growth when a rise of 1.8% had been expected.
