Looks like a recession.
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Eurostat: Industrial Production down by 1.7% in the euro area and by 0.4% in the EU compared with December 2021
Among Member States for which data are available, the largest monthly decreases were registered inIreland (–8.5%), Luxembourg (–5.2%) and Lithuania (–4.0%). The highest increases were observed inDenmark (+13.5%), Portugal (+4.1%) and Hungary (+3.8%) Read HERE

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