The number of persons employed increased by 0.3% in the euro area (EA19) and by 0.2% in the EU28 in the second quarter of 2015 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 2015, employment increased by 0.2% in the euro area and 0.3% in the EU28.Compared with the same quarter of the …Read More

In July 2015 compared with June 2015, seasonally adjusted industrial production rose by 0.6% in the euro area (EA19) and by 0.3% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In June 2015 industrial production decreased by 0.3% and 0.1% respectively. In July 2015 compared with July 2014, industrial production increased by 1.9% in the euro area and by 1.8% in the EU28. Eurostat/155/2015 – 14 September …Read More

Seasonally adjusted GDP rose by 0.4% in both the euro area (EA19) and the EU28 during the second quarter of 2015, compared with the previous quarter, according to a second estimate published by Eurostat, the statistical office of the European Union. In the first quarter of 2015, GDP grew by 0.5% in both areas. Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 1.5% in the euro …Read More

Endeavor Greece, (2015), “GReality: Business In Greece Under Capital Controls”, 7 September According to the findings, 58% of the sample companies report significant impact on their operations caused by the limitations imposed to cross-border transactions, as many of these companies cannot import raw material or have access to foreign services and infrastructure. Significant impediments were also created by the cap imposed on daily cash withdrawals but to a smaller scale. Due …Read More

In July 2015 compared with June 2015, the seasonally adjusted volume of retail trade rose by 0.4% in the euro area (EA19) and by 0.3% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In June retail trade fell by 0.2% and 0.1% respectively.In July 2015 compared with July 2014 the retail sales index increased by 2.7% in the euro area and by 3.3% in the EU28. …Read More

Euro area annual inflation is expected to be 0.2% in August 2015, stable compared to July 2015. Looking at the main components of euro area inflation, food, alcohol & tobacco (1.2%, compared with 0.9% in July) and services (1.2%, stable compared with July) are expected to have the highest annual rate in August, followed by non-energy industrial goods (0.6%, compared with 0.4% in July) and energy (-7.1%, compared with -5.6% in July). …Read More

The euro area (EA19) seasonally-adjusted unemployment rate was 10.9% in July 2015, down from 11.1% in June 2015, and from 11.6% in July 2014. This is the lowest rate recorded in the euro area since February 2012. The EU28 unemployment rate was 9.5% in July 2015, down from 9.6% in June 2015, and from 10.2% in July 2014. This is the lowest rate recorded in the EU28 since June 2011. Eurostat/July 2015/147/2015 – …Read More

The EU28 seasonally adjusted external current account recorded a surplus of €12.3 billion in June 2015, compared with a surplus of €13.3 bn in May 2015 and a deficit of €2.4 bn in June 2014. In June 2015, compared with May 2015, based on seasonally adjusted data, the surplus of the goods fell (+€7.9 bn compared with +€8.3 bn) and the deficit of the primary income account increased (-€2.9 bn compared with …Read More

The first estimate for euro area (EA19) exports of goods to the rest of the world in June 2015 was €182.7 billion, an increase of 12% compared with June 2014 (€162.7 bn). Imports from the rest of the world stood at €156.4 bn, a rise of 7% compared with June 2014 (€146.7 bn). As a result, the euro area recorded a €26.4 bn surplus in trade in goods with the rest of the …Read More

Euro area annual inflation was 0.2% in July 20152, stable compared to June. In July 2014 the rate was 0.4%. European Union1 annual inflation was 0.1% in July 2015, also stable compared to June. A year earlier the rate was 0.5%. These figures come from Eurostat, the statistical office of the European Union. In July 2015, negative annual rates were observed in eleven Member States. The lowest annual rates were registered in Cyprus …Read More