Eurostat/Seasonally adjusted government deficit up to 1.2% of GDP in the euro area/24 Οctober,2017 In the second quarter of 2017, the seasonally adjusted general government deficit to GDP ratio stood at 1.2% in the euro area (EA19), an increase compared with 1.0% in the first quarter of 2017. In the EU28, the deficit to GDP ratio stood at 1.3%, an increase compared with 1.1% in the previous quarter. Relevant Posts Eurostat/Seasonally adjusted …Read More

Eurostat/”Which sector is the main employer in the EU Member States?”/24 October,2017 In 2016, almost half of employment in the European Union (EU) was concentrated in two economic activities: “Wholesale and retail trade, transport, accommodation and food services” (24.7%) and “Public administration, defence, education, human health and social work activities” (23.7%). Both activities have seen their respective share in total employment increase slightly over the last 20 years. In contrast, …Read More

Eurostat/Government debt slightly down to 89.1% of GDP in euro area/24 October,2017 At the end of the second quarter of 2017, the government debt to GDP ratio in the euro area (EA19) stood at 89.1%, compared with 89.2% at the end of the first quarter of 2017. In the EU28, the ratio also decreased, from 83.6% to 83.4%. Compared with the second quarter of 2016, the government debt to GDP …Read More

Eurostat/Output of economic activities in the EU Member States/23 October 2017 In 2016, industry was still the largest economic activity in the European Union (EU) in terms of output generated. It accounted for 19.4% of EU total gross value added (GVA), immediately ahead of the economic activities “Wholesale and retail trade, transport, accommodation and food services” (19.0%) and “Public administration, defence, education, human health and social work activities” (18.8%). “Real estate activities” …Read More

Eurostat/Downward trend in the share of persons at risk of poverty or social exclusion in the EU/16 October 2017 Among Member States for which data are available, the at-risk-of-poverty or social exclusion rate has grown from 2008 in ten Member States, with the highest increases being recorded in Greece (from 28.1 % in 2008 to 35.6% in 2016, or +7.5 percentage points), Cyprus(+4.4 pp), Spain (+4.1 pp) and Sweden (+3.4 …Read More

Eurostat/EU28 current account surplus €41.9 bn/4 October, 2017 The EU28 seasonally adjusted current account of the balance of payments recorded a surplus of €41.9 billion (1.1% of GDP) in the second quarter of 2017, down from a surplus of €49.4 billion (1.3% of GDP) in the first quarter of 2017 and from a surplus of €58.6 billion (1.6% of GDP) in the second quarter of 2016, according to estimates released …Read More

Eurostat/Business investment rate up to 23.2% in the euro area/5 October, 2017 In the second quarter of 2017, the business investment rate was 23.2% in the euro area, compared with 22.9% in the previous quarter. The business profit share in the euro area was 40.8% in the second quarter of 2017, compared with 40.5% in the first quarter of 2017. Relevant Posts Veugelers, Reinhilde, (2017), «Remaking Europe: the new manufacturing as …Read More

Eurostat/Household saving rate nearly stable at 12.1% in the euro area/5 Οctober, 2017 The household saving rate in the euro area was 12.1% in the second quarter of 2017, compared with 12.0% in the first quarter of 2017. The household investment rate in the euro area was 8.7% in the second quarter of 2017, compared with 8.9% in the previous quarter. Relevant Posts  Eurostat/ Household saving rate up to 12.3% in …Read More

Eurostat/Euro area unemployment at 9.1%-EU28 at 7.6%/2 Οκτωβρίου 2017 The euro area (EA19) seasonally-adjusted unemployment rate was 9.1% in August 2017, stable compared to July 2017 and down from 9.9% in August 2016. This remains the lowest rate recorded in the euro area since February 2009. The EU28 unemployment rate was 7.6% in August 2017, down from 7.7% in July 2017 and from 8.5% in August 2016. This is the lowest rate recorded …Read More

Eurostat/Annual inflation up to 1.5% in the euro area/18 September 2017 Euro area annual inflation was 1.5% in August 2017, up from 1.3% in July 2017. In August 2016 the rate was 0.2%. European Union annual inflation was 1.7% in August 2017, up from 1.5% in July 2017. A year earlier the rate was 0.3%. These figures come from Eurostat, the statistical office of the European Union. Relevant Posts Eurostat/Euro …Read More