OUTPUT, DEMAND AND JOBS

OUTPUT, DEMAND AND JOBS American industrial production rose by 0.4% in July, leaving output 5.8% higher than a year earlier. The growth in Belgium's industrial output slowed to 2.3% in the year to June. The volume of retail sales fell by 1.3% in Germany and by 0.3% in Switzerland, but rose by 8.7 % in Sweden over the same 12 months.