-->In only four of the 20 countries in our chart has industrial production
risen in each of the past two 12-month periods. In six countries, plus
the euro area, it has fallen for two years on the trot. The sharpest
swing in fortune has been in Switzerland, where output has fallen by
8.8% in the past year, partly thanks to the strong franc, after rising by
5.0% in the previous 12 months.