Eurozone recovery strengthened in January, survey says

Porsche cars ready for export

The recovery among eurozone private sector firms gathered pace in January, a survey has indicated, with growth at its fastest pace since June 2011.

The latest Markit Purchasing Managers' Index (PMI) for the eurozone economy rose to 53.2 from 52.1 in December. A figure above 50 indicates expansion.

Growth accelerated in Germany while the rate of decline slowed in France.

Separate figures from the Bank of Spain showed the country's economy grew by 0.3% in the last three months of 2013.

It was the second quarter of growth in a row for Spain, although the economy shrank by 1.2% over the year as a whole.

Figures from Spain's National Statistics Institute showed that the country's unemployment rate edged up slightly to 26.03% in the fourth quarter of this year from 25.98% in the previous quarter.

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

More Business stories

RSS

Features

  • Polish and British flags alongside British roadsideWar debt

    Does the UK still feel a sense of obligation towards Poles?


  • Alana Saarinen at pianoMum, Dad and Mum

    The girl who has three biological parents


  • Islamic State fighters parade in Raqqa, Syria (30 June 2014)Who backs IS?

    Where Islamic State finds support to become a formidable force


  • Spanish volunteer Rafa Munoz Perez practising with a rifle in Donetsk, 7 August Motley crew

    The Europeans who pitch up in Ukraine to join the fight


From BBC Capital

Programmes

  • Art installationClick Watch

    How one artist is using computer code to turn internet radio into a unique piece of music

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.