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GDP main aggregates and employment estimates for the third quarter of 2020: GDP up by 12.5% and employment up by 1.0% in the euro area

Tuesday, 8.12.2020 - 12:00
GDP growth in the euro area and EU: In the third quarter of 2020, seasonally adjusted GDP increased by 12.5% in the euro area and by 11.5% in the EU compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. These were by far the sharpest increases observed since time series started in 1995, and a rebound compared with the second quarter of 2020, when GDP had decreased by 11.7% in the euro area and by 11.3% in the EU.

Volume of retail trade up by 1.5% in both euro area and EU

Thursday, 3.12.2020 - 12:00
In October 2020, the seasonally adjusted volume of retail trade rose by 1.5% in both the euro area and the EU, compared with September 2020, according to estimates from Eurostat, the statistical office of the European Union. In September 2020, the retail trade volume fell by 1.7% in the euro area and by 1.3% in the EU.

Euro area unemployment at 8.4%

Wednesday, 2.12.2020 - 12:00
In October 2020, the euro area seasonally-adjusted unemployment rate was 8.4%, down from 8.5% in September 2020 and up from 7.4% in October 2019. The EU unemployment rate was 7.6% in October 2020, stable compared with September 2020 and up from 6.6% in October 2019. These figures are published by Eurostat, the statistical office of the European Union.

Industrial producer prices up by 0.4% in the euro area and by 0.3% in the EU

Wednesday, 2.12.2020 - 12:00
In October 2020, industrial producer prices rose by 0.4% in the euro area and by 0.3% in the EU, compared with September 2020, according to estimates from Eurostat, the statistical office of the European Union. In September 2020, prices increased by 0.4% in the euro area and by 0.3% in the EU.

Euro area annual inflation stable at -0.3%

Tuesday, 1.12.2020 - 12:00
Euro area annual inflation is expected to be -0.3% in November 2020, stable compared to October according to a flash estimate from Eurostat, the statistical office of the European Union.

Production in construction down by 2.9% in euro area and by 2.5% in EU

Thursday, 19.11.2020 - 12:00
In September 2020 compared with August 2020, seasonally adjusted production in the construction sector decreased by 2.9% in the euro area and by 2.5% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In August 2020, production in construction increased by 3.9% in the euro area and by 3.5% in the EU.

A broad set of indicators for early detection of macroeconomic imbalances

Wednesday, 18.11.2020 - 13:15
Eurostat, the statistical office of the European Union, publishes today the indicators of the Macroeconomic Imbalance Procedure (MIP) Scoreboard. The MIP is part of the Six-Pack regulation on economic governance adopted by the European Parliament and Council in November 2011.

Annual inflation stable at -0.3% in the euro area

Wednesday, 18.11.2020 - 12:00
The euro area annual inflation rate was -0.3% in October 2020, stable compared to September. A year earlier, the rate was 0.7%. European Union annual inflation was 0.3% in October 2020, stable compared to September. A year earlier, the rate was 1.1%. These figures are published by Eurostat, the statistical office of the European Union.

Total agricultural output in the EU up by 2.4% in 2019

Monday, 16.11.2020 - 12:00
The economic accounts for agriculture show that total agricultural output in the European Union (EU) stood at €418.0 billion in basic prices in 2019, up by 2.4% compared with 2018. In 2019, the equivalent of 56.6% (or €236.5 bn) of the value of agricultural output generated was spent on intermediate consumption (input goods and services), while gross value added (i.e. the value of output minus the value of intermediate consumption) was the equivalent of 43.4% (or €181.5 bn). The combination of the increase in the value of agricultural output and a limited increase in intermediate consumption (+0.8%) resulted in a strong increase in the gross value added (+4.5%) generated by the EU agricultural industry in 2019 compared with 2018.

Euro area international trade in goods surplus €24.8 bn

Friday, 13.11.2020 - 12:00
Euro area: The first estimate for euro area (EA19) exports of goods to the rest of the world in September 2020 was €190.3 billion, a decrease of 3.1% compared with September 2019 (€196.4 bn). Imports from the rest of the world stood at €165.5 bn, a fall of 7.1% compared with September 2019 (€178.1 bn). As a result, the euro area recorded a €24.8 bn surplus in trade in goods with the rest of the world in September 2020, compared with +€18.3 bn in September 2019. Intra-euro area trade fell to €164.2 bn in September 2020, down by 1.0% compared with September 2019.

GDP and employment flash estimates for the third quarter of 2020: GDP up by 12.6% and employment up by 0.9% in the euro area

Friday, 13.11.2020 - 12:00
GDP growth in the euro area and EU: In the third quarter of 2020, seasonally adjusted GDP increased by 12.6% in the euro area and by 11.6% in the EU compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. These were by far the sharpest increases observed since time series started in 1995, and a rebound compared with the second quarter of 2020, when GDP had decreased by 11.8% in the euro area and by 11.4% in the EU.

Industrial production down by 0.4% in euro area and unchanged in EU

Thursday, 12.11.2020 - 12:00
In September 2020, the seasonally adjusted industrial production fell by 0.4% in the euro area and remained unchanged in the EU, compared with August 2020, according to estimates from Eurostat, the statistical office of the European Union. In August 2020, industrial production grew by 0.6% in the euro area and by 0.9% in the EU.

Amounts sent to non-EU countries by EU residents up at €33.2 billion in 2019

Thursday, 12.11.2020 - 12:00
In 2019, flows of money sent by residents of the European Union (EU) to non-EU countries, referred to as personal transfers, amounted to €33.2 billion, compared with €30.8 bn in 2018. Inflows to the EU totalled €13.0 bn in 2019, compared with €12.4 bn in 2018. This resulted in a negative balance (-€20.2 bn) for the EU with the rest of the world. The majority of personal transfers consist of flows of money sent by migrants to their country of origin.

Volume of retail trade down by 2.0% in euro area

Thursday, 5.11.2020 - 12:00
In September 2020, the seasonally adjusted volume of retail trade fell by 2.0% in the euro area and by 1.7% in the EU, compared with August 2020, according to estimates from Eurostat, the statistical office of the European Union. In August 2020, the retail trade volume rose by 4.2% in the euro area and by 3.6% in the EU.

Industrial producer prices up by 0.3% in both euro area and EU

Wednesday, 4.11.2020 - 12:00
In September 2020, industrial producer prices rose by 0.3% in both the euro area and the EU, compared with August 2020, according to estimates from Eurostat, the statistical office of the European Union. In August 2020, prices increased by 0.1% in the euro area and by 0.2% in the EU.

Euro area unemployment at 8.3%

Friday, 30.10.2020 - 12:00
In September 2020, the euro area seasonally-adjusted unemployment rate was 8.3%, stable compared with August 2020 and up from 7.5% in September 2019. The EU unemployment rate was 7.5% in September 2020, stable compared with August 2020 and up from 6.6% in September 2019. These figures are published by Eurostat, the statistical office of the European Union.

GDP up by 12.7% in the euro area and by 12.1% in the EU

Friday, 30.10.2020 - 12:00
In the third quarter 2020, seasonally adjusted GDP increased by 12.7% in the euro area and by 12.1% in the EU, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat, the statistical office of the European Union. These were by far the sharpest increases observed since time series started in 1995, and a rebound compared to the second quarter of 2020, when GDP had decreased by 11.8% in the euro area and by 11.4% in the EU.

Euro area annual inflation stable at -0.3%

Friday, 30.10.2020 - 12:00
Euro area annual inflation is expected to be -0.3% in October 2020, stable compared to September according to a flash estimate from Eurostat, the statistical office of the European Union.

Tax-to-GDP ratio at 41.1% in EU

Thursday, 29.10.2020 - 12:00
The overall tax-to-GDP ratio, meaning the sum of taxes and net social contributions as a percentage of gross domestic product, stood at 41.1% in the European Union (EU) in 2019, a decrease compared with 2018 (41.2%). In the euro area, tax revenue accounted for 41.6% of GDP in 2019, unchanged compared to 2018.

Fall in household real consumption per capita accelerates in both euro area and EU

Thursday, 29.10.2020 - 12:00
In the second quarter of 2020, when Member States continued to implement the COVID-19 containment measures, household real consumption per capita dropped by 10.7% in the euro area, after a decrease of 3.3% in the previous quarter. This decline is the highest since the beginning of the time series in 1999. Household real income per capita decreased in the second quarter of 2020 by 3.2%, after an increase of 0.5% in the first quarter.

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