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GDP Growth – Second quarter of 2017

OECD/GDP Growth – Second quarter of 2017/28 August 2017 Quarterly growth of real gross domestic product (GDP) in the OECD area accelerated to 0.7% in the second quarter of 2017, compared with 0.5% in the previous quarter, according to provisional estimates. Among the Major Seven economies, in the second quarter of 2017, GDP growth accelerated strongly in Japan (to 1.0%, compared with 0.4% in the previous quarter) and the United States …Read More

GDP up by 0.6% in both the euro area and the EU28

Eurostat/GDP up by 0.6% in both the euro area and the EU28/16 August 2017 Seasonally adjusted GDP rose by 0.6% in both the euro area (EA19) and the EU28 during the second quarter of 2017, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. In the first quarter of 2017, GDP grew by 0.5% in both zones. Relevant Posts …Read More

Annual inflation stable at 1.3% in the euro area

Eurostat/Annual inflation stable at 1.3% in the euro area/17 August 2017 Euro area annual inflation was 1.3% in July 2017, stable compared with June 2017. In July 2016 the rate was 0.2%. European Union annual inflation was 1.5% in July 2017, also stable compared to June 2017. A year earlier the rate was 0.2%. These figures come from Eurostat, the statistical office of the European Union. Relevant Posts Eurostat/Annual inflation …Read More

Production in construction down by 0.5% in euro area

Eurostat/Production in construction down by 0.5% in euro area/18 August 2017 In June 2017 compared with May 2017, seasonally adjusted production in the construction sector decreased by 0.5% in the euro area (EA19) and by 0.2% in the EU28, according to first estimates from Eurostat, the statisticaloffice of the European Union. In May 2017, production in construction fell by 0.2% in the euro area and by 0.5% in the EU28. …Read More

Seasonally adjusted government deficit down to 0.9% of GDP in the euro area

Eurostat/Seasonally adjusted government deficit down to 0.9% of GDP in the euro area/20 July 2017 In the first quarter of 2017, the seasonally adjusted general government deficit to GDP ratio stood at 0.9% in the euro area (EA19), a decrease compared with 1.1% in the fourth quarter of 2016. In the EU28, the deficit to GDP ratio stood at 1.0%, a decrease compared with 1.2% in the previous quarter. Relevant …Read More

Government debt up to 89.5% of GDP in euro area

Eurostat/Government debt up to 89.5% of GDP in euro area/20 July 2017 At the end of the first quarter of 2017, the government debt to GDP ratio in the euro area (EA19) stood at 89.5%, compared with 89.2% at the end of the fourth quarter of 2016. In the EU28, the ratio also increased from 83.6% to 84.1%. Compared with the first quarter of 2016, the government debt to GDP …Read More

Euro area international trade in goods surplus €21.4 bn

Eurostat/Euro area international trade in goods surplus €21.4 bn/14 July 2017 The first estimate for euro area (EA19) exports of goods to the rest of the world in May 2017 was €189.6 billion, an increase of 12.9% compared with May 2016 (€167.8 bn). Imports from the rest of the world stood at €168.1 bn, a rise of 16.4% compared with May 2016 (€144.4 bn). As a result, the euro area …Read More

Annual inflation down to 1.3% in the euro area

Eurostat/Annual inflation down to 1.3% in the euro area/17 July 2017 Euro area annual inflation was 1.3% in June 2017, down from 1.4% in May. In June 2016 the rate was 0.1%. European Union annual inflation was 1.4% in June 2017, down from 1.6% in May. A year earlier the rate was 0.1%. These figures come from Eurostat, the statistical office of the European Union. The lowest annual rates were …Read More

Contributions to GDP growth: first quarter 2017, Quarterly National Accounts

OECD/Contributions to GDP growth: first quarter 2017, Quarterly National Accounts/6 July 2017 Real GDP in the OECD area increased by 0.5% in the first quarter of 2017, compared with 0.7% in the previous quarter, according to provisional estimates, mainly reflecting reduced contributions from private consumption (0.2 percentage point against 0.5 in the previous quarter) and investment (0.2 percentage point against 0.3). Net exports provided an additional 0.1 percentage point to …Read More

Household saving rate up to 12.3% in the euro area

Eurostat/ Household saving rate up to 12.3% in the euro area/ 6 July 2017 The household saving rate in the euro area was 12.3% in the first quarter of 2017, compared with 12.1% in the fourth quarter of 2016. The household investment rate in the euro area was 8.9% in the first quarter of 2017, compared with 8.6% in the previous quarter. Relevant Posts Eurostat/Household saving rate down to 12.0 % …Read More