Eurostat/Annual inflation up to 1.1% in the euro area – December 2016/12/2017 – 18 January 2017 Euro area annual inflation was 1.1% in December 2016, up from 0.6% in November. In December 2015 the rate was 0.2%. European Union annual inflation was 1.2% in December 2016, up from 0.6% in November. A year earlier the rate was 0.2%. These figures come from Eurostat, the statistical office of the European Union. In …Read More

OECD/ Composite Leading Indicators (CLI), OECD, January 2017/ 11 January 2017 Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, continue to point to growth momentum picking up in several advanced economies. The CLI for Germany anticipates growth gaining momentum. In the United States, Canada, and France the CLIs confirm the signs of growth gaining momentum flagged in last month’s assessment, with similar signals …Read More

OECD/”Contributions to GDP growth: third quarter 2016, Quarterly National Accounts, OECD”/ 10 January 2017 Real GDP growth in the OECD area accelerated slightly to 0.5% in the third quarter of 2016, compared with 0.4% in the previous quarter. Contributions from private consumption and investment slowed to 0.2 and 0.0 percentage point respectively (down from 0.5 and 0.1 in the previous quarter) while net exports and especially stockbuilding drove GDP growth …Read More

Eurostat/Euro area unemployment at 9.8% – November 2016/4/2017 – 9 January The euro area (EA19) seasonally-adjusted unemployment rate was 9.8% in November 2016, stable compared to October 2016 and down from 10.5% in November 2015. This is the lowest rate recorded in the euro area since July 2009. The EU28 unemployment rate was 8.3% in November 2016, down from 8.4% in October 2016 and from 9.0% in November 2015. This …Read More

Eurostat/Flash estimate – December 2016 Euro area annual inflation up to 1.1%/1/2017 – 4 January  Euro area annual inflation is expected to be 1.1% in December 2016, up from 0.6% in November 2016, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in December (2.5%, compared with …Read More

Eurostat/Social protection in 2014 – 28.7% of EU GDP spent on social protection/262/2016 – 21 December Since 2011, social protection expenditure in the European Union (EU) has increased slightly, from 28.3% of GDP in 2011 to 28.7% in 2014, according to data from Eurostat, the statistical office of the European Union. In 2014, the two main sources of funding of social protection at EU level were general government contributions from …Read More

European Central Bank/The Household Finance and Consumption Survey: results from the second wave/23 December This report summarises key stylised facts from the Household Finance and Consumption Survey (HFCS) about assets and liabilities, income, and indicators of consumption and credit constraints. The second wave of the HFCS provides individual household data collected in a harmonised way in 18 euro area countries (i.e. all the euro area countries except Lithuania), as well …Read More

European Central Bank/Eurosystem staff macroeconomic projections for the euro area countries/22 December Relevant Posts ECB/Eurosystem staff macroeconomic projections for the euro area – December 2016/8 December European Central Bank, (2016), “Economic Bulletin”, ECB, Issue 6, September