Eurostat – Statistics Explained: Material flow accounts, 29 October.   Eurostat’s material flow accounts are a comprehensive data framework that systematically records the inputs of materials to European economies, breaking them down by material category such as fossil energy materials, biomass, metal ores etc. Various indicators are taken from the economy-wide material flow accounts framework — most prominently domestic material consumption (DMC), related to gross domestic product (GDP). These are …Read More

Eurostat News Release: Second quarter of 2014 Household saving rate down to 12.9% in the euro area and to 10.4% in the EU28 – Household real income per capita increased by 0.2% in the euro area, 27 October.   The household saving rate in the euro area was 12.9% in the second quarter of 2014, compared with 13.1% in the first quarter of 2014. In the EU28, the household saving …Read More

Eurostat News Release: Second quarter of 2014 Business investment rate stable at 21.6% in the euro area and 21.9% in the EU28 – Business profit share down to 38.4% in euro area, nearly stable at 38.2% in EU28, 27 October.   In the second quarter of 2014, the business investment rate was 21.6% in the euro area, stable compared with the first quarter of 2014. This was the result of …Read More

Monokroussos, P. (2014) “Greek GDP Nowcasting Model Update – Real GDP estimated to have increased by around 1.0% YoY in Q3 2014 (ESA95 terms); first positive annual growth reading since mid-2008“, Eurobank Global Market Research, Greece Macro Monitor, 22 October.   This note presents a preliminary estimate of Greek GDP for the third quarter of this year, based on a range of monthly data released up to October 17, 2014. …Read More

Eurostat News Release: Residence permits for non-EU citizens in the EU28: More than 2.3 million first residence permits issued in the EU28 in 2013 – Main beneficiaries from Ukraine, 23 October.   In 2013, 2.36 million first residence permits were issued in the EU28 to non-EU citizens, up by 12.5% compared with 2012 but down by 7.0% compared with 2008. The decrease recorded from 2008 is mainly due to the …Read More

Eurostat Statistics Explained: Residence permits statistics, Data from October 2014, 23 October.   This article presents European Union (EU) statistics on first residence permits issued to non-EU citizens. Data are based on the regulatory framework of the Article 6 of the Regulation 862/2007 on migration and international protection statistics. Residence permit represents an authorization issued by the competent authorities of a country allowing third-country national (non-EU citizens) to stay legally …Read More

Jakub Marian: Number of Nobel laureates per capita in Europe (map), JakubMarian Blog, 21 October.   The following map shows the number of Nobel laureates per 1 million inhabitants of each country (the smaller number shows the actual number of Nobel laureates per country). It is based on a Wikipedia article that lists all Nobel laureates by Country. Note that some laureates were counted more than once if they had …Read More

Eurostat News Release: Provision of deficit and debt data for 2013-second notification Euro area and EU28 government deficit at 2.9% and 3.2% of GDP respectively – Government debt at 90.9% and 85.4%, 21 October.   In 2013, the government deficit of both the euro area (EA18) and the EU28 decreased in absolute terms compared with 2012, while the government debt rose in both zones. In the euro area the government …Read More

Eurostat News Release: September 2014, Eurozone annual inflation down to 0.3% – EU down to 0.4%, 17 October.   Euro area annual inflation was 0.3% in September 2014, down from 0.4% in August. This is the lowest rate recorded since October 2009. In September 2013 the rate was 1.1%. Monthly inflation was 0.4% in September 2014. European Union annual inflation was 0.4% in September 2014, down from 0.5% in August. …Read More

Eurostat News Release: “August 2014 Euro area international trade in goods surplus € 9.2 bn – € 8.9 bn deficit for EU28“, 20 October.   The first estimate for the euro area (EA18) trade in goods balance with the rest of the world in August 2014 gave a € 9.2 billion surplus, compared with +€ 7.3 bn in August 2013. The July 2014 balance was + € 21.6 bn, compared …Read More