Eurostat/Euro area international trade in goods surplus €23.2 bn/15 September 2017 The first estimate for euro area (EA19) exports of goods to the rest of the world in July 2017 was €177.7 billion, an increase of 6.1% compared with July 2016 (€167.6 bn). Imports from the rest of the world stood at €154.6 bn, a rise of 8.2% compared with July 2016 (€142.8 bn). As a result, the euro area recorded a €23.2 …Read More

Eurostat/Annual growth in labour costs at 1.8% in euro area/15 September 2017 Hourly labour costs rose by 1.8% in the euro area (EA19) and by 2.2% in the EU28 in the second quarter of 2017, compared with the same quarter of the previous year. In the first quarter of 2017, hourly labour costs increased by 1.4% and 1.6% respectively. These figures are published by Eurostat, the statistical office of the European Union. Relevant …Read More

Eurostat/Employment up by 0.4% in both the euro area and in the EU28/13 September 2017 The number of persons employed increased by 0.4% in both the euro area (EA19) and in the EU28 in the second quarter of 2017 compared with the previous quarter, according to national accounts estimates published by Eurostat, the statistical office of the European Union. In the first quarter of 2017, employment increased by 0.5% in …Read More

OECD/Harmonised Unemployment Rates (HURs)- Updated: September 2017/11 September 2017 The OECD unemployment rate was stable at 5.8% in July 2017, unchanged for the second consecutive month. Across the OECD area, 36.2 million people were unemployed, 3.6 million more than in April 2008. Relevant Posts OECD, (2017), «Jobs gap closes but recovery remains uneven», 13 June Garda, Paula, (2017), «Employment ins and outs in OECD countries», OECD, 30 March

OECD/Composite Leading Indicators (CLI), September 2017/7 September 2017 Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend six to nine months ahead, continue to point to stable growth momentum in the OECD area as a whole. Stable growth momentum remains the assessment for the United States, Japan, Canada and the euro area as a whole, including Italy, and is now also expected in France.Signs are …Read More

Eurostat/GDP up by 0.6% in the euro area and by 0.7% in the EU28/7 September 2017 Seasonally adjusted GDP rose by 0.6% in the euro area (EA19) and by 0.7% in the EU28 during the second quarter of 2017, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. In the first quarter of 2017, GDP grew by 0.5% in both …Read More

Eurostat/Euro area unemployment at 9.1%/31 August 2017 Τhe euro area (EA19) seasonally-adjusted unemployment rate was 9.1% in July 2017, stable compared to June 2017 and down from 10.0% in July 2016. This is the lowest rate recorded in the euro area since February 2009. The EU28 unemployment rate was 7.7% in July 2017, stable compared to June 2017 and down from 8.5% in July 2016. This remains the lowest rate …Read More

European Commission/August 2017: Economic Sentiment continues to rise in the euro area, broadly stable in the EU/30 August 2017 The Economic Sentiment Indicator (ESI) for the euro area rose again in August, increasing slightly by 0.6 points to 111.9, its highest level in more than 10 years. The indicator for the EU remained broadly stable (-0.3 points to 111.9), just below its 10-year high of July. Relevant Posts European Commission, (2016), …Read More

Eurostat/Euro area annual inflation up to 1.5% /31 August 2017 Euro area annual inflation is expected to be 1.5% in August 2017, up from 1.3% in July 2017, according to a flash estimate from Eurostat, the statistical office of the European Union. Relevant Posts Eurostat/Annual inflation stable at 1.3% in the euro area/17 August 2017 Eurostat/Annual inflation down to 1.3% in the euro area/17 July 2017