Economy and finance
In November 2024, compared with October 2024, seasonally adjusted production in construction increased by 1.2% in the euro area and by 1.3% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In October 2024, production in construction grew by 0.8% in...
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The euro area annual inflation rate was 2.4% in December 2024, up from 2.2% in November. A year earlier, the rate was 2.9%. European Union annual inflation was 2.7% in December 2024, up from 2.5% in November. A year earlier, the rate was 3.4%. These figures are published by Eurostat, the statistical...
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The first estimates of euro area balance showed a €16.4 bn surplus in trade in goods with the rest of the world in November 2024, compared with + €18.2 bn in November 2023.
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In November 2024, compared with October 2024, seasonally adjusted industrial production increased by 0.2% in the euro area and by 0.1% the EU, according to first estimates from Eurostat, the statistical office of the European Union. In October 2024, industrial production grew by 0.2% in the euro are...
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The household saving rate in the euro area was at 15.3% in the third quarter of 2024 (compared with 15.6% in the second quarter of 2024), which is explained by consumption increasing by 1.1%, at a faster rate than gross disposable income (+0.7%).
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In the third quarter of 2024, the EU seasonally adjusted current account of the balance of payments recorded a surplus of €106.0 billion (+2.4% of GDP), compared with a surplus of €136.2 billion (+3.1% of GDP) in the second quarter of 2024 and a surplus of €99.4 billion (+2.3% of GDP) in the third q...
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In the third quarter of 2024, house prices, as measured by the House Price Index, increased by 2.6% in the euro area and by 3.8% in the EU compared with the same quarter of the previous year. In the second quarter of 2024, house prices increased by 1.4% and 3.0% in the euro area and EU, respectively...
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In October 2024, compared with September 2024, seasonally adjusted services production increased by 0.3% in the euro area and by 0.5% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In September 2024, services production fell by 0.1% in the euro a...
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In November 2024, compared with October 2024, the seasonally adjusted retail trade volume increased by 0.1% 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 October 2024, retail trade volume fell by 0.3% in the euro ...
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In November 2024, compared with October 2024, industrial producer prices increased by 1.6% in the euro area and by 1.7% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In October 2024, industrial producer prices grew by 0.4% in both the euro area ...
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Euro area annual inflation is expected to be 2.4% in December 2024, up from 2.2% in November according to a flash estimate from Eurostat, the statistical office of the European Union.
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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 climate...
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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 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 publi...
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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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Gross saving (ESA 2010, 8.96) measures the portion of gross national disposable income that is not used for final consumption expenditure. Gross national saving is the sum of the gross savings of the various institutional sectors. Values are seasonally and calendar adjusted (SCA). The ESA 2010 (Euro...
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Gross national disposable income (ESA 2010, 8.95) is the sum of the gross disposable incomes of the institutional sectors. It is equal to: Gross national income (at market prices) + current transfers receivable by resident units from the rest of the world - current transfers payable to non-resident ...
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Gross national income (at market prices) (ESA 2010, 8.94) represents total primary income receivable by resident institutional units: compensation of employees, taxes on production and imports less subsidies, property income (receivable less payable), gross operating surplus and gross mixed income. ...
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