Euro Area Composite Output Index Slips to 56.2 in September as Growth Softens
(IHS Markit) Eurozone Composite Output Index was 56.2 in September, a further fall from 59.0 in August and a 15-year record high in July. At an output index of 56.2,…
Euro Area Annual Inflation Hits a 13-Year High of 3.4% in September
(Eurostat) Annual inflation in the euro area is projected to have jumped by 3.4% in September, up from 3.0% in August. Inflation is the highest since September 2008, driven by…
Unemployment Falls to 7.5% In the Euro Area and 6.8% In the EU in August
(Eurostat) Euro area posted an unemployment rate of 7.5% in August 2021, a decline from 7.6% in July and 8.6% in August last year. EU’s unemployment was 6.8%, a decline…
Economic Sentiment Improves in the Euro Area as Employment Expectations Rise
(European Commision) Economic sentiment shows stability in Europe, with the index up by 0.2 points to 117.8 in September in the euro area, but unchanged at 116.6 in the EU.…
Euro Area Slightly Beats EU in Industrial Production After a Monthly Gain of 1.5%
(Eurostat) Industrial production in the euro area rose by 1.5% in July from June, a slightly higher increase than the EU which posted a 1.4% jump. Fig: Industrial Production in…
Euro Area’s GDP Jump 2.2% In Q2. Employment Rate up 0.7% In Euro Area and EU
(Eurostat) The gross domestic product in the euro area rose by 2.2% quarter over quarter in the second quarter, higher than the EU's 2.1% jump in the same period. Fig:…
Euro Area Inflation Expected to Jump to 3.0% in August
(Eurostat) Flash estimates of the euro area’s annual inflation put consumer prices at a higher 3.0% rate in August compared to 2.2% in July. Energy is expected to be the…
EU Lags Euro Area in GDP Increases at 1.9% and 2.0%, Respectively
(Eurostat) GDP in the EU rose by 1.9% in the second quarter, compared to 2.0% in the euro area from the first quarter. GDP has now risen by 13.2% in…
Euro Area Inflation Expected to Jump to 2.0% in May. Unemployment Steadies
Annual inflation in the Euro area is expected to hit 2.0% in May, up from 1.6% in April, according to the Eurostat press release. Energy is projected to post the…
EU and Euro Area Records Simultaneous Falls in GDP and Employment
The euro area recorded a 0.6% decline in GDP as employment fell by 0.3% in Q1 2021 from the previous quarter, according to a Eurostat press release. In the EU,…