NPR logo

Economic Growth In Europe Is Slow But Not As Slow As Before

  • Download
  • <iframe src="https://www.npr.org/player/embed/193762798/193764212" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
Economic Growth In Europe Is Slow But Not As Slow As Before

Business

Economic Growth In Europe Is Slow But Not As Slow As Before

Economic Growth In Europe Is Slow But Not As Slow As Before

  • Download
  • <iframe src="https://www.npr.org/player/embed/193762798/193764212" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Output in the eurozone's service and manufacturing sectors is still falling. But this quarter, that output fell at its slowest rate in more than a year, according to a recent survey. Analysts say that could mean a return to growth could be on the horizon.

RENEE MONTAGNE, HOST:

NPR's business news starts with mixed signals.

(SOUNDBITE OF MUSIC)

MONTAGNE: Output in the eurozone's service and manufacturing sectors is still falling. But this quarter, that output fell at its slowest rate in more than a year, according to a recent survey. Analysts say that could mean a return to growth could be on the horizon.

Meanwhile, the World Bank has lowered its forecast for growth in China this year. The Chinese Manufacturing Index released today showed production at a nine-month low.

Copyright © 2013 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.

NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.

We no longer support commenting on NPR.org stories, but you can find us every day on Facebook, Twitter, email, and many other platforms. Learn more or contact us.