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Hourly labour costs ranged from €5.4 to €43.5 across the EU Member States in 2018

Thursday, 11.4.2019 - 12:00
In 2018, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be €27.4 in the European Union (EU) and €30.6 in the euro area. However, the average masks significant gaps between EU Member States, with the lowest hourly labour costs recorded in Bulgaria (€5.4), Romania (€6.9), Lithuania (€9.0), Hungary (€9.2) and Latvia (€9.3), and the highest in Denmark (€43.5), Luxembourg (€40.6), Belgium (€39.7), Sweden (€36.6), the Netherlands (€35.9) and France (€35.8).

House prices up by 4.2% in both the euro area and the EU

Thursday, 11.4.2019 - 12:00
House prices, as measured by the House Price Index, rose by 4.2% in both the euro area and the EU in the fourth quarter of 2018 compared with the same quarter of the previous year. These figures come from Eurostat, the statistical office of the European Union.

EU28 current account surplus €38.6 bn

Friday, 5.4.2019 - 12:00
The EU28 seasonally adjusted current account of the balance of payments recorded a surplus of €38.6 billion (1.0% of GDP) in the fourth quarter of 2018, up from a surplus of €36.2 billion (0.9% of GDP) in the third quarter of 2018 and down from a surplus of €57.2 billion (1.5% of GDP) in the fourth quarter of 2017, according to estimates released by Eurostat, the statistical office of the European Union.

Business investment rate up to 23.7% in the euro area

Thursday, 4.4.2019 - 12:00
In the fourth quarter of 2018, the business investment rate was 23.7% in the euro area, compared with 23.4% in the previous quarter.

Household saving rate nearly stable at 12.3% in the euro area

Thursday, 4.4.2019 - 12:00
The household saving rate in the euro area was 12.3% in the fourth quarter of 2018, compared with 12.2% in the third quarter of 2018.

Volume of retail trade up by 0.4% in both euro area and EU28

Wednesday, 3.4.2019 - 12:00
In February 2019 compared with January 2019, the seasonally adjusted volume of retail trade increased by 0.4% in both the euro area (EA19) and EU28, according to estimates from Eurostat, the statistical office of the European Union. In January, the retail trade volume increased by 0.9% in the euro area and by 1.0% in the EU28.

Industrial producer prices up by 0.1% in euro area

Tuesday, 2.4.2019 - 12:00
In February 2019, compared with January 2019, industrial producer prices rose by 0.1% in the euro area (EA19) and by 0.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In January 2019, prices increased by 0.3% in both the euro area and the EU28.

Euro area unemployment at 7.8%

Monday, 1.4.2019 - 12:00
The euro area (EA19) seasonally-adjusted unemployment rate was 7.8% in February 2019, stable compared with January 2019 and down from 8.5% in February 2018. This remains the lowest rate recorded in the euro area since October 2008.

Euro area annual inflation down to 1.4%

Monday, 1.4.2019 - 12:00
Euro area annual inflation is expected to be 1.4% in March 2019, down from 1.5% in February according to a flash estimate from Eurostat, the statistical office of the European Union.

A third of EU trade is with the United States and China

Wednesday, 20.3.2019 - 12:00
In 2018, the United States (€674 billion, or 17.1% of total extra-EU trade in goods, i.e. the sum of exports and imports) and China (€605 bn, or 15.4%) continued to be the two main goods trading partners of the European Union (EU), well ahead of Switzerland (€265 bn, or 6.7%), Russia (€254 bn, or 6.4%), Turkey (€153 bn, or 3.9%) and Japan (€135 bn, or 3.4%).

Annual growth in labour costs at 2.3% in euro area

Tuesday, 19.3.2019 - 12:00
Hourly labour costs rose by 2.3% in the euro area (EA19) and by 2.8% in the EU28 in the fourth quarter of 2018, compared with the same quarter of the previous year. In the third quarter of 2018, hourly labour costs increased by 2.5% and 2.6% respectively. These figures are published by Eurostat, the statistical office of the European Union.

Production in construction down by 1.4% in euro area

Tuesday, 19.3.2019 - 12:00
In January 2019 compared with December 2018, seasonally adjusted production in the construction sector decreased by 1.4% in the euro area (EA19) and remained unchanged in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In December 2018, production in construction grew by 1.1% in the euro area and fell by 0.2% in the EU28.

Euro area and EU28 job vacancy rates at 2.3%

Monday, 18.3.2019 - 12:00
The job vacancy rate in the euro area (EA19) was 2.3% in the fourth quarter of 2018, up from 2.1% in the third quarter of 2018 and from 2.0% in the fourth quarter of 2017, according to figures published by Eurostat, the statistical office of the European Union. In the EU28, the job vacancy rate was also 2.3% in the fourth quarter of 2018, up from 2.2% in the third quarter of 2018 and from 2.0% in the fourth quarter of 2017.

Euro area international trade in goods surplus €1.5 bn

Monday, 18.3.2019 - 12:00
The first estimate for euro area (EA19) exports of goods to the rest of the world in January 2019 was €183.4 billion, an increase of 2.5% compared with January 2018 (€179.0 bn). Imports from the rest of the world stood at €181.8 bn, a rise of 3.4% compared with January 2018 (€175.9 bn).

Annual inflation up to 1.5% in the euro area

Friday, 15.3.2019 - 12:00
The euro area annual inflation rate was 1.5% in February 2019, up from 1.4% in January 2019. A year earlier, the rate was 1.1%. European Union annual inflation was 1.6% in February 2019, up from 1.5% in January 2019. A year earlier, the rate was 1.4%. These figures are published by Eurostat, the statistical office of the European Union.

Highest proportion of government expenditure goes to social protection and health

Friday, 15.3.2019 - 12:00
In 2017, total government expenditure in the European Union (EU) amounted to 45.8% of gross domestic product (GDP). This share has steadily decreased since 2012, when it stood at 48.9% of GDP.

580 800 first-time asylum seekers registered in 2018, down by 11% compared with 2017

Thursday, 14.3.2019 - 12:00
In 2018, 580 800 first-time asylum seekers applied for international protection in the Member States of the European Union (EU), down by 11% compared with 2017 (654 600) and less than half of the number recorded in the peak year 2015 when 1 256 600 first-time asylum applicants were registered. The number of asylum applicants in 2018 is comparable to the level recorded in 2014, before the peaks of 2015 and 2016.

Industrial production up by 1.4% in euro area

Wednesday, 13.3.2019 - 12:00
In January 2019 compared with December 2018, seasonally adjusted industrial production rose by 1.4% in the euro area (EA19) and by 1.0% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In December 2018, industrial production fell by 0.9% in the euro area and by 0.4% in the EU28.

Over 5 million births in EU in 2017

Tuesday, 12.3.2019 - 12:00
In 2017, 5.075 million babies were born in the European Union (EU), compared with 5.148 million in 2016. The total fertility rate in the EU stood at 1.59 births per woman in 2017, compared with 1.60 in 2016. The highest total fertility rate since the start of comparable time series was in 2010 when it reached 1.62, still below the replacement level, which is considered to be 2.1 live births per woman.

Only 1 manager out of 3 in the EU is a woman

Thursday, 7.3.2019 - 12:00
Nearly 9.4 million persons hold a managerial position in the European Union (EU): 6.0 million men (64% of all managers) and 3.4 million women (36%). In addition, women account for a little over one quarter of board members of publicly listed companies in the EU (27%), and for less than one fifth of senior executives (17%) in 2018. In other words, although representing approximately half of all employed persons in the EU, women continue to be under-represented amongst managers.

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