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Drop in euro zone April factory output puts ECB in a quandary

Reuters  |  BRUSSELS 

BRUSSELS (Reuters) - Industrial production in the 19 countries sharing the euro fell by more than expected in April, data showed on Wednesday, providing further evidence that the bloc's economy is slowing before a European Central Bank meeting.The weak industrial output numbers add to a string of data signalling the euro zone economy is slowing. It also highlights the conundrum facing the ECB on how to exit its large bond- buying programme, known as quantitative easing (QE).Ending the purchases is a given. The key question at the ECB's Thursday meeting is how it will guide markets on the ...

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First Published: Wed, June 13 2018. 16:40 IST
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