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More hard times as Eurozone manufacturing shrinks

2012-09-03 22 Dailymotion

Manufacturing output across the 17 state eurozone contracted more than expected in August flagging the prospect of more hard times in the months to come.<br /><br />The sector is battling the debt crisis, austerity measures and a drop in consumer demand.<br /><br />Factory price cuts have failed to boost sales.<br /><br />Economic confidence across the eurozone is at a three-year low.<br />http://www.euronews.net/

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