Eurozone industrial data continues euro slide

(Source: Yahoo! Finance)

The euro has been sliding against the dollar ahead of a Eurogroup meeting, now mixed industrial figures have seen the currency slide further. Numbers were slightly better in February on a month on month basis, rising by 0.4 per cent despite expectations that it would increase by just 0.1 per cent. However on an annual basis production slid by a worse than anticipated 3.1 per cent, defying predictions of a 2.5 per cent slide.