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GDP up by 0.5% in both the euro area and the EU28

Eurostat/GDP up by 0.5% in both the euro area and the EU28/93/2016 – 13 May 2016 Seasonally adjusted GDP rose by 0.5% in both the euro area (EA19) and the EU28 during the first quarter of 2016, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. In the fourth quarter of 2015, GDP grew by 0.3% and 0.4% respectively. …Read More

Industrial production down by 0.8% in euro area Down by 0.5% in EU28

Eurostat/Industrial production down by 0.8% in euro area Down by 0.5% in EU28/92/2016 – 12 May 2016 In March 2016 compared with February 2016, seasonally adjusted industrial production fell by 0.8% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In February 2016 industrial production fell by 1.2% in the euro area and by 1.0% in …Read More

Economic Bulletin

ECB, (2016), “Economic Bulletin”, European Central Bank, Issue 3/2016 The financial market turbulence of early 2016 has subsided and global economic activity is showing signs of stabilisation. World trade has been resilient at the start of the year, although its growth rate is expected to remain moderate. Risks to the outlook for global activity, most prominently for emerging market economies, remain on the downside and relate in particular to policy …Read More

Volume of retail trade down by 0.5% in euro area Down by 0.7% in EU28

Eurostat/Volume of retail trade down by 0.5% in euro area Down by 0.7% in EU28/90/2016 – 4 May 2016 In March 2016 compared with February 2016, the seasonally adjusted volume of retail trade fell by 0.5% in the euro area (EA19) and by 0.7% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In February the retail trade volume rose by 0.3% in the …Read More

Industrial producer prices up by 0.3% in euro area Up by 0.4% in EU28

Eurostat/Industrial producer prices up by 0.3% in euro area Up by 0.4% in EU28/88/2016 – 3 May 2016  In March 2016, compared with February 2016, industrial producer prices rose by 0.3% in the euro area (EA19) and by 0.4% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In February 2016 prices fell by 0.7% in the euro area and by 0.6% in the …Read More

Euro area annual inflation down to -0.2%

Eurostat/Euro area annual inflation down to -0.2% /85/2016 – 29 April 2016 Euro area annual inflation is expected to be -0.2% in April 2016, down from 0.0% in March, 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 April (0.9%, compared with 1.4% in March), followed …Read More

Euro area unemployment down to 10.2% EU28 at 8.8%

Eurostat/Euro area unemployment down to 10.2% EU28 at 8.8%/84/2016 – 29 April 2016 The euro area (EA19) seasonally-adjusted unemployment rate was 10.2% in March 2016, down from 10.4% in February 2016, and from 11.2% in March 2015. This is the lowest rate recorded in the euro area since August 2011. The EU28 unemployment rate was 8.8% in March 2016, down from 8.9% in February 2016, and from 9.7% in March …Read More

GDP up by 0.6% in the euro area and by 0.5% in the EU28

Eurostat/GDP up by 0.6% in the euro area and by 0.5% in the EU28/86/2016 – 29 April 2016  Seasonally adjusted GDP rose by 0.6% in the euro area (EA19) and by 0.5% in the EU28 during the first quarter of 2016, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat, the statistical office of the European Union. In the fourth quarter of 2015, GDP grew …Read More

European Economic Forecast – Spring 2016

European Commission, (2016), “European Economic Forecast – Spring 2016”, European Commission Institutional Paper 025, Μay The European economy continues to expand modestly. Low oil prices, the relatively low exchange rate of the euro, very ample monetary policy and slightly supportive fiscal policy will continue to underpin growth this year. However, the lift from cheap oil is set to gradually wane and the lagged boost from the euro’s depreciation will soon …Read More

Euro area and EU28 government deficit at 2.1% and 2.4% of GDP respectively – Government debt at 90.7% and 85.2%

Eurostat/Euro area and EU28 government deficit at 2.1% and 2.4% of GDP respectively – Government debt at 90.7% and 85.2%/76/2016 – 21 April 2016 In 2015, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2014. In the euro area the government deficit to GDP ratio fell from 2.6% in 2014 to 2.1% in 2015, and in the EU28 …Read More