Sentence examples for contraction down from from inspiring English sources

The fund now estimates that Europe will experience a mild 0.1 percent contraction — down from a September forecast of 1.4 percent growth — with a sharper contraction of 0.5 percent among the 17 countries that use the euro currency and deeper recessions in Italy and Spain.

It should be enough to keep the economic contraction down to 4 quarters of misery".

It now expects a 1.8% contraction this year, down from 1.5% previously.

Thus, as I noted earlier, the rate of the advanced economies' economic contraction will slow down from the peak contraction of this year's first quarter (-6%) to a more modest contraction in the fourth quarter (-2%) and a very weak positive growth (0% to 1% in U.S., Europe and Japan) in 2010 with still sharply rising unemployment rates peaking at 10% in these advanced economies.

The call came as the OECD slashed its forecast for the eurozone to a contraction of 0.6% this year, down from 0.1%.

The reductions in Europe were even deeper with a revision of EU GDP down from a contraction of 0.1% to a contraction of 0.6%, while France's GDP target was slashed as well from 0.3%to-0.3%3%.

The production sector was revised down from a 1.8% contraction to a 1.9% contraction.

To raucous laughter from the Labour benches, the chancellor insisted the British economy was "on track", despite conceding that the Office for Budget Responsibility was now predicting a contraction of 0.1% in 2012, down from the growth of 0.8% it forecast alongside the chancellor's budget in March.

France is expected to grow by just 0.1%, down from +0.6%, while a contraction of -2.4% is forecast for Italy, down for 1.7%.

Contraction in 2012 will be -0.1%, the OBR predicted, down from the 0.8% growth predicted at the last budget in March.

Economists are expecting a contraction in credit with a consensus number of $1 billion, down from the March number of $2 billion.