Eurostat/Consumption per capita varied between 53% and 132% of the EU average/14 December 2017 Actual Individual Consumption (AIC) is a measure of material welfare of households. Across the Member States in 2016, AIC per capita expressed in Purchasing Power Standards (PPS) varied from 53% of the European Union (EU) average in Bulgaria to 132% in Luxembourg. Relevant Posts Eurostat/Consumption per capita varied by more than one to two across EU …Read More

Eurostat/Employment up by 0.4% in the euro area and by 0.3% in the EU28/13 December 2017 The number of persons employed increased by 0.4% in the euro area (EA19) and by 0.3% in the EU28 in the third quarter of 2017 compared with the previous quarter, according to national accounts estimates published by Eurostat, the statistical office of the European Union. In the second quarter of 2017, employment increased by 0.4% in the euro …Read More

Eurostat/Almost one-third of EU GDP spent on social protection/8 December 2017 Since 2010, social protection expenditure in the European Union (EU) has increased slightly, from 28.6% of GDP in 2010 to 29.0% in 2015, according to data from Eurostat, the statistical office of the European Union. In 2015, the two main sources of funding of social protection at EU level were social contributions, making up 54% of total receipts, and …Read More

Eurostat/GDP up by 0.6% in both the euro area and the EU28/7 December 2017 Seasonally adjusted GDP rose by 0.6% in both the euro area (EA19) and the EU28 during the third quarter of 2017, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. In the second quarter of 2017, GDP grew by 0.7% in both areas. Relevant Posts Eurostat/GDP up by 0.6% …Read More

OECD/OECD Consumer Price Index/ 5 December 2017 Annual inflation in the OECD area slowed to 2.2% in October 2017, compared with 2.3% in September 2017. This slight decrease in the annual rate of inflation was driven by energy and food prices. Energy price inflation slowed to 5.8% in October, compared with 7.7% in September while food price inflation slowed to 1.8% from 1.9% in September. Excluding food and energy, inflation increased …Read More

Eurostat/R&D expenditure in the EU remained stable in 2016 at just over 2% of GDP/1 December 2017 In 2016, the Member States of the European Union (EU) spent all together over €300 billion on Research & Development (R&D). The R&D intensity, i.e. R&D expenditure as a percentage of GDP, remained stable at 2.03% in 2016. Ten years ago (2006), R&D intensity was 1.76%. With respect to other major economies, R&D intensity in the EU …Read More

EUROSTAT/Household energy prices in the EU down compared with 2016/29 November 2017 Ιn the European Union (EU), household electricity prices slightly decreased (-0.5%) on average between the first half of 2016 and the first half of 2017 to stand at €20.4 per 100 kWh. Across the EU Member States, household electricity prices in the first half of 2017 ranged from below €10 per 100 kWh in Bulgaria to more than €30 per 100 kWh …Read More

Eurostat/Euro area annual inflation up to 1.5% /30 Νovember 2017  Euro area annual inflation is expected to be 1.5% in November 2017, up from 1.4% in October 2017, 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 November (4.7%, compared with 3.0% in October), followed by food, alcohol & …Read More

Eurostat/Euro area unemployment at 8.8%, October 2017/30 November 2017  The euro area (EA19) seasonally-adjusted unemployment rate was 8.8% in October 2017, down from 8.9% in September 2017 and from 9.8% in October 2016. This is the lowest rate recorded in the euro area since January 2009. The EU28 unemployment rate was 7.4% in October 2017, down from 7.5% in September 2017 and from 8.3% in October 2016. This is the lowest rate recorded …Read More

Eurostat/Industrial production down by 0.6% in euro area/14 November 2017 In September 2017 compared with August 2017, seasonally adjusted industrial production fell by 0.6% 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 August 2017, industrial production rose by 1.4% in the euro area and by 1.7% in the EU28. Relevant Posts Eurostat/Industrial production up by 0.5% …Read More