Signs of life in European economy

The enduring recession in the eurozone seems to be easing at last, with key growth indicators giving a surprisingly strong showing. A purchasing managers index for July switched to give a growth reading for the first time for 18 months. In Germany, rates of increase in manufacturing output and service-sector activity hit 17- and five-month highs respectively. France, Italy and Spain each registered a further easing of contraction, with solid growth among manufacturers.

By InvestSMART · 7 Aug 2013

By InvestSMART ·
7 Aug 2013

Share

Comments

Print

The enduring recession in the eurozone seems to be easing at last, with key growth indicators giving a surprisingly strong showing. A purchasing managers index for July switched to give a growth reading for the first time for 18 months. In Germany, rates of increase in manufacturing output and service-sector activity hit 17- and five-month highs respectively. France, Italy and Spain each registered a further easing of contraction, with solid growth among manufacturers.

Share this article and show your support

Proudly

Signs of life in European economy

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}

{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}

{{ content.upgradeHeading.replace('{0}', user.FirstName) }}

Updating information

Please wait ...

Your membership to InvestSMART Group recently failed to renew.

You've recently updated your payment details.

Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial

Please click on the ACTIVATE button to finalise your membership

Unsuccessful registration

Forgotten password