Euro Area and EU Swing Into Trade Deficit in November as Imports Widen
(Eurostat) Euro area posted a trade deficit of 1.5 billion euros in November 2021, the first negative balance since January 2014 and a fall from a surplus of 25 billion…
Euro Area and EU Unemployment Falls in November
(Eurostat) Euro area unemployment was at 7.2% in November, below 7.3% posted the previous month. The unemployment rate was also below 8.1% in the prior year. In the EU, unemployment…
Euro Area Posts a €3.6 Billion Trade Surplus in Oct. as EU Plunges into Deficit
(Eurostat) The Euro area recorded a 3.6 billion euros in international trade in goods surplus, down from 29.8 billion euros surplus in the prior year. The Euro area’s exports to…
Unemployment Rate Falls Marginally in the Euro Area in October, Stable in the EU
(Eurostat) Euro area unemployment was at 7.3% in October, a marginal decline compared to 7.4% in September and was down from 8.4% posted the previous year. In the EU, the…
Euro Area Annual Inflation Spikes to 4.9% in November
(Eurostat) Euro area annual inflation is estimated to have climbed to 4.9% in November, from 4.1% in the previous month. Energy is seen to contribute to the highest rise in…
Euro Area and EU Posts a 2.7% Jump in Industrial Producer Prices in September
(Eurostat) Industrial producer prices rose by 2.7% in the euro area and EU in September from August. On a year over year basis, the producer prices were up by 16%…
Unemployment Rate Falls Marginally in the Euro Area and EU in September
(Eurostat) The unemployment rate in the euro area was 7.4% in September, a decline from 7.5% recorded in August. The rate was lower in the EU at 6.7%, down from…
Euro Area Posts a Higher 4.1% Jump in Inflation in October
(Eurostat) Annual inflation in the euro area was 4.1% in October, the highest since 2008, beating, and beating17.6% increase in September. Services led to a 2.1% increase in inflation compared…
GDP Growth in the Euro Area and EU Improves Further in the Third Quarter
(Eurostat) Economic growth is estimated to have jumped by 2.2% in the euro area in the third quarter, more than a gain of 2.1% in the second. Growth in the…
Euro Area’s Current Account Surplus Fell by €10B in August
(ECB) The euro area posted a current account surplus of 13 billion euros in August, down from 23 billion euros in July. Goods posted a surplus of 17 billion euros,…
Euro Area’s Economic Sentiment Hits the Lowest in About 1.5 Years in October
(ZEW) The Economic Sentiment Index in the Euro Area was 21 in October, the lowest since March 2020. The sentiment index reflected the fifth consecutive month of decline following renewed…
Retail Trade Sales Gain 0.3% In the Euro Area and EU in August
(Eurostat) Retail trade sales surged by 0.3% in the euro area and EU in August from July. The retail sales remained unchanged in the euro area and increased in the…