Economy and finance

The euro area annual inflation rate was 2.2% in November 2024, up from 2.0% in October. A year earlier, the rate was 2.4%. European Union annual inflation was 2.5% in November 2024, up from 2.3% in October. A year earlier, the rate was 3.1%. These figures are published by Eurostat, the statistical o...
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In October 2024, compared with September 2024, seasonally adjusted production in construction increased by 1.0% in the euro area and by 0.7% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In September 2024, production in construction fell by 0.3%...
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The first estimates of euro area balance showed a €6.8 bn surplus in trade in goods with the rest of the world in October 2024, compared with + €9.4 bn in October 2023.
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In the third quarter of 2024 the hourly labour costs rose by 4.6% in the euro area and by 5.1% 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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Euro area job vacancy rate at 2.5%

Dec 16, 2024
Eurostat
In the third quarter of 2024, the job vacancy rate was 2.5% in the euro area, down from 2.6% in the second quarter of 2024 and down from 3.0% in the third quarter of 2023, according to figures published by Eurostat, the statistical office of the European Union. The job vacancy rate in the EU was 2.3...
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In October 2024, compared with September 2024, seasonally adjusted industrial production remained stable in the euro area and increased by 0.3% the EU, according to first estimates from Eurostat, the statistical office of the European Union. In September 2024, industrial production fell by 1.5% in t...
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In the third quarter of 2024, seasonally adjusted GDP increased by 0.4% both in the euro area and in the EU, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. In the second quarter of 2024, GDP had grown by 0.2% in both ...
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In September 2024, compared with August 2024, seasonally adjusted services production decreased by 0.5% 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 August 2024, services production grew by 0.5% in both the euro ...
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In October 2024, compared with September 2024, the seasonally adjusted retail trade volume decreased by 0.5% in the euro area and by 0.3% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In September 2024, retail trade volume grew by 0.5% in the eu...
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In October 2024, compared with September 2024, industrial producer prices increased by 0.4% in both the euro area and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In September 2024, industrial producer prices fell by 0.6% in both the euro area and...
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Euro area unemployment at 6.3%

Dec 2, 2024
Eurostat
In October 2024, the euro area seasonally-adjusted unemployment rate was 6.3%, stable compared with September 2024 and down from 6.6% in October 2023. The EU unemployment rate was 5.9% in October 2024, also stable compared with September 2024 and down from 6.1% in October 2023. These figures are pub...
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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), drive...
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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 alert m...
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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 as ...
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In 2023, the levels of actual individual consumption (AIC) across EU countries varied between 70% and 136% of the EU average.  This information comes from data on purchasing power parities (PPP) published by Eurostat today. The article presents some of the findings from the more detailed Statistics...
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In 2023, flows of money sent by EU residents to non-EU countries, referred to as personal transfers, amounted to €50.9 billion, an increase of 8% compared with €47.0 billion in 2022. Inflows to the EU totalled €13.9 billion, an increase of 4% compared with €13.4 billion in 2022.  Personal transfers ...
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In 2023, for the 11 EU countries that report inward foreign direct investment (FDI) positions by ultimate investing economy, the total value of investment amounted to €3 263 billion, up from €3 241 billion in 2022.  Germany replaced the United States as the top ultimate investing economy, with inve...
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In 2022, the domestic value added of the EU automotive industry attributed to non-EU consumers amounted to €78.9 billion, representing a 54% increase from 2010 (€51.1 billion) but a 7% decline in nominal terms from 2015 (€84.4 billion). In 2022, China was the largest consumer of EU vehicle products...
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Net foreign direct investment (FDI) stocks held in non-EU countries by investors resident in the EU amounted to €9 160 billion in 2023, reflecting a 4.1% decrease from 2022 (€9 551 billion).  A similar trend was visible in investment stocks held by non-EU residents in the EU, which decreased to €7 ...
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Household spending steady in 2023

Nov 28, 2024
Eurostat
In 2023, household final consumption expenditure, corrected for inflation, in the EU rose slightly by 0.5%. For comparison, it was 5.7% higher in 2022 than in 2021 when restrictions due to COVID-19 were still in place. Last year, household consumption expenditure increased the most for restaurants ...
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Eurostat has released the 2024 edition of the interactive publication Housing in Europe,  offering statistical insights into housing trends and challenges across Europe. The publication consolidates data on various aspects of housing, including types, ownership, size, quality and environmental impa...
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Eurostat invites you to follow the launch of a new dataset - Macroeconomic Globalisation Indicators. The dataset, created in collaboration with the European Commission’s Joint Research Centre, will shed light on EU's participation and exposure within global value chains.  The new data will provide ...
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Real GDP per capita

Dec 20, 2024
Eurostat
The indicator is calculated as the ratio of real gross domestic product to the average population of a specific year. GDP measures the value of total final output of goods and services produced by an economy within a certain period of time.
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Building permits - annual data

Dec 20, 2024
Eurostat

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 buil...
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This indicator is the value of imports of goods and services divided by the GDP in current prices.
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This indicator is the value of exports of goods and services divided by the GDP in current prices.
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Employment consists of both employees and self-employed, who are engaged in some productive activity that falls within the production boundary of the system (ESA 2010, 11.11). Employment covers employees and self-employed working for production units resident on the economic territory (i.e. the dome...
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Employment consists of both employees and self-employed, who are engaged in some productive activity that falls within the production boundary of the system (ESA 2010, 11.11). Employment covers employees and self-employed working for production units resident on the economic territory (i.e. the dome...
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Employment consists of both employees and self-employed, who are engaged in some productive activity that falls within the production boundary of the system (ESA 2010, 11.11). Employment covers employees and self-employed working for production units resident on the economic territory (i.e. the dome...
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The Balance of Payments is the statistical statement that systematically summarises transactions between residents and non-residents. It consists of the goods and services account, the primary income account, the secondary income account, the capital account and the financial account (BPM6 – 2.12) T...
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The Balance of Payments is the statistical statement that systematically summarises transactions between residents and non-residents. It consists of the goods and services account, the primary income account, the secondary income account, the capital account and the financial account (BPM6 – 2.12) T...
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The Balance of Payments is the statistical statement that systematically summarises transactions between residents and non-residents. It consists of the goods and services account, the primary income account, the secondary income account, the capital account and the financial account (BPM6 – 2.12) T...
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The Balance of Payments is the statistical statement that systematically summarises transactions between residents and non-residents. It consists of the goods and services account, the primary income account, the secondary income account, the capital account and the financial account (BPM6 – 2.12) T...
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