Eurostat/Euro area unemployment at 9.8% – October 2016/239/2016 – 1 December The euro area (EA19) seasonally-adjusted unemployment rate was 9.8% in October 2016, down from 9.9% in September 2016 and from 10.6% in October 2015. This is the lowest rate recorded in the euro area since July 2009. The EU28 unemployment rate was 8.3% in October 2016, down from 8.4% in September 2016 and from 9.1% in October 2015. This …Read More
Eurostat/Flash estimate – November 2016 Euro area annual inflation up to 0.6%/237/2016 – 30 November Euro area annual inflation is expected to be 0.6% in November 2016, up from 0.5% in October 2016, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, services is expected to have the highest annual rate in November (1.1%, stable compared …Read More
OECD/Global Economic Outlook/November 2016 The projections in this Economic Outlook offer the prospect that fiscal initiatives could catalyse private economic activity and push the global economy to the modestly higher growth rate of around 3½ per cent by 2018. Durable exit from the low-growth trap depends on policy choices beyond those of the monetary authorities – that is, of fiscal and structural, including trade policies – as well as on …Read More
Eurofound/6th European Working Conditions Survey/November 2016 Since 1991, Eurofound has been monitoring working conditions in Europe through its European Working Conditions Survey (EWCS). The survey aims to measure working conditions across European countries, analyse the relationships between different aspects of these, identify groups at risk, highlight issues of concern and areas of progress and, ultimately, contribute to developing EU policy aimed at improving job quality. In 2015, the sixth EWCS …Read More
European Commission/Education and Training Monitor 2016 – Greece/November 2016 Early school leaving and tertiary educational attainment rates improved significantly and are now better than the EU average. Performance is disappointing on basic skills attainment by young people and adults, and on participation in vocational education and training as well as in adult learning. A national dialogue on education and a review of the education system are highlighting key problems such …Read More
Monokroussos, Platon, D. Thomakos, Dimitrios, G. Gogos, Stylianos, (2016), “Greek real GDP NOWcasting”, Eurobank Research, 8 November Based on a number of macro data releases up to November 2nd, this note provides an estimate of Greek GDP for Q3 2016 as well as our revised forecast for the full-year. For this purpose, we utilize two distinct methodologies; namely the GDP Nowcasting framework we first introduced in late 2013 as well …Read More
Eurostat/EU28 current account surplus €13.3 bn – First estimate for September 2016/229/2016 – 18 November The EU28 seasonally adjusted current account of the balance of payments recorded a surplus of €13.3 bn in September 2016, compared with surpluses of €13.1 bn in August 2016 and €13.5 bn in September 2015, according to estimates from Eurostat, the statistical office of the European Union. Relevant Posts Eurostat/First estimate for August 2016 EU28 …Read More
Eurostat/Annual inflation up to 0.5% in the euro area – October 2016/227/2016 – 17 November Euro area annual inflation was 0.5% in October 2016, up from 0.4% in September. In October 2015 the rate was 0.1%. European Union annual inflation was 0.5% in October 2016, up from 0.4% in September. A year earlier the rate was 0.0%. These figures come from Eurostat, the statistical office of the European Union. Relevant …Read More
European Commission, (2016), “The Macroeconomic Imbalance Procedure – Rationale, Process, Application: A Compendium”, European Commission Institutional Paper 039, 16 November This Compendium takes stock of the implementation of the Macroeconomic Imbalance Procedure (MIP) five years after its introduction. The Compendium presents the MIP rationale; reiterates the legal and procedural aspects of the MIP; discusses principles, criteria and analytical frameworks used in the MIP implementation; and reviews the MIP application in practice. By …Read More
Eurostat/Macroeconomic Imbalance Procedure Scoreboard/226/2016 – 16 November 2016 Eurostat, the statistical office of the European Union, publishes today the indicators of the Macroeconomic Imbalance Procedure (MIP) Scoreboard. The MIP is part of the Six-Pack regulation on economic governance adopted by the European Parliament and Council in November 2011. The MIP Scoreboard provides the statistical support to the annual Alert Mechanism Report released by the European Commission at the start of …Read More
