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Eurozone growth figure may be revised

Eurozone growth figure may be revised

OSLO: Economic growth across the 19-nation bloc in the first quarter risks being revised lower after official figures showed industrial production fell by a greater-than-anticipated 0.8 percent in March.

Eurostat yesterday said the monthly fall was broad-based, with only energy production posting an increase. The decline was more than the 0.2 percent fall predicted in markets and raises a possibility that the estimate for first-quarter growth would be trimmed in a revision due today.