EU manufacturing output continued to drop on both the month and year in November, although the chemicals sector showed signs of recovery, according to preliminary data from Eurostat. EU production as a whole fell to 107.9 points against a 100-point basis in 2015, slightly below 108 in October and the lowest for any month since September 2021. EU output fell by 6.3pc compared with November 2022, its seventh consecutive year-on-year reduction. Production in the five top gas-consuming countries — Germany, the Netherlands, Spain, Italy and France — was mostly weak, with output only rising by 1.8pc in Spain and falling in ... (full story)