Economy and finance
In January 2025, compared with December 2024, seasonally adjusted production in construction increased by 0.2% in the euro area and decreased by 0.2% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In December 2024, production in construction g...
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In the fourth quarter of 2024 the hourly labour costs rose by 3.7% in the euro area and by 4.3% in the EU, compared with the same quarter of the previous year. These figures are published by Eurostat, the statistical office of the European Union.
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The euro area annual inflation rate was 2.3% in February 2025, down from 2.5% in January. A year earlier, the rate was 2.6%. European Union annual inflation was 2.7% in February 2025, down from 2.8% in January. A year earlier, the rate was 2.8%. These figures are published by Eurostat, the statis...
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The first estimates of euro area balance showed a €1.0 bn surplus in trade in goods with the rest of the world in January 2025, compared with +€10.6 bn in January 2024.
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In the fourth quarter of 2024, the job vacancy rate was 2.5% in the euro area, unchanged from the third quarter of 2024 and down from 2.9% in the fourth quarter of 2023, according to figures published by Eurostat, the statistical office of the European Union. The job vacancy rate in the EU was 2....
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In January 2025, compared with December 2024, seasonally adjusted industrial production increased by 0.8% in the euro area and by 0.3% the EU, according to first estimates from Eurostat, the statistical office of the European Union. In December 2024, industrial production fell by 0.4% in the euro...
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In December 2024, compared with November 2024, seasonally adjusted services production decreased by 0.3% in the euro area and increased by 0.2% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In November 2024, services production grew by 0.3% i...
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In the fourth quarter of 2024, seasonally adjusted GDP increased by 0.2% in the euro area and by 0.4% the EU, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. In the third quarter of 2024, GDP had grown by 0.4% in bo...
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In January 2025, compared with December 2024, the seasonally adjusted retail trade volume decreased by 0.3% in the euro area and by 0.2% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In December 2024, retail trade volume remained stable in bo...
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In January 2025, compared with December 2024, industrial producer prices increased by 0.8% in both the euro area and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In December 2024, industrial producer prices grew by 0.5% in the euro area and by ...
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In January 2025, the euro area seasonally-adjusted unemployment rate was 6.2%, stable compared with December 2024 and down from 6.5% in January 2024. The EU unemployment rate was 5.8% in January 2025, also stable compared with December 2024 and down from 6.1% in January 2024. These figures are pu...
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In 2023, real GDP increased in 154 EU regions compared with 2022, while decreases were registered in 85 regions.
The region with the largest growth in real GDP was Malta (a single region at this level of detail), with a 6.7% increase, followed by Severen Tsentralen in Bulgaria (+5.8%), Illes Ba...
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In 2023, personal transfers outflows from the EU (money sent by EU resident households to non-resident households) reached a record level of €50.9 billion, an 8% increase compared with 2022 (€47.0 billion).
The largest share of these outflows went to Asia (excluding the Near and Middle East), a...
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The most common form of contingent liabilities in the EU countries is government guarantees on liabilities, and occasionally on assets of third parties. In 2020 and 2021, government guarantees, provided in the EU, increased substantially following the onset of the COVID-19 pandemic. In 2022, the ...
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In 2022, EU exports of spacecraft and space transport services totalled €1 340 million after experiencing a 36% drop compared with 2021 (€2 108 million). In 2022, 84% of all exports, or €1 129 million, went to countries outside the EU.
The EU exports peaked in 2012, at €3 273 million, and declin...
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The general government financial accounts published by Eurostat cover transactions in financial assets and liabilities as well as the stock of financial assets and liabilities.
‘Other accounts receivable’ are assets representing the timing difference between the recording of most transactions i...
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On 16 and 17 January 2025, the high-level ‘Closing data gaps on climate change’ conference of the European Statistical Forum (ESF) was held in Brussels. At the event, the European Statistical System and the European System of Central Banks discussed ways to enrich their statistics related to clim...
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Today, Eurostat released the European Statistical Monitor, a dashboard with short-term indicators covering different areas, such as economy, environment, business, health and work.
This monthly updated dashboard is designed to track developments within the EU as a whole and its members, as well ...
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In the third quarter of 2024, house prices in the EU went up by 3.8%, while rents increased by 3.2% compared with the third quarter of 2023.
Compared with the second quarter of 2024, house prices increased by 1.4% and rents by 0.9%.
This information comes from data on house prices and rents pu...
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In 2022, the production of spacecraft and their launch vehicles in the EU totalled €5 600 million. This represented a 24% increase from €4 500 million in 2010.
The EU production peaked in 2016, with €6 240 million, and remained high until 2019 (€6 000 million each year between 2017 and 2019), dr...
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Eurostat published today the indicators of the macroeconomic imbalance procedure (MIP) scoreboard.
The MIP scoreboard consists of 13 indicators relevant for the early detection of existing or emerging macroeconomic imbalances at EU member level. It provides statistical support to the annual aler...
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Today, Eurostat released the European Statistical Monitor, a dashboard with short-term indicators covering different areas, such as economy, environment, business, health and work.
This monthly updated dashboard is designed to track developments within the EU as a whole and its members, as well ...
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The indicator measures the general government total expenditure on law courts according to the classification of the functions of government (COFOG). This includes expenditure on administration, operation or support of civil and criminal law courts and the judicial system, including enforcement o...
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The annual building permits data are business cycle indicators providing information on the development of granted building permits in one year. Builders apply for building permits and local building administrations issue them normally before the beginning of the construction work. Therefore b...
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Gross domestic product (GDP) at market prices is the final result of the production activity of resident producer units. It is defined as the value of all goods and services produced less the value of any goods or services used in their creation. The ESA 2010 (European System of Accounts) regu...
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The unit labour cost (ULC) is defined as the ratio of labour costs to labour productivity. Nominal ULC (NULC) = (D1/EEM) / (B1GQ/ETO) with D1 = Compensation of employees, all industries, current prices EEM = Employees, all industries, in persons (domestic concept) B1GQ = Gross domestic product...
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Compensation of employees (at current prices) is defined as the total remuneration, in cash or in kind, payable by an employer to an employee in return for work done by the latter during the accounting period. Compensation of employees consists of wages and salaries, and of employers' social cont...
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