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Seasonally adjusted government deficit almost stable at 2.7% of GDP in the euro area
In the first quarter of 2014, the seasonally adjusted general government deficit to GDP ratio stood at 2.7% in the euro area (EA18), nearly stable compared with the fourth quarter of 2013 (2.6%). In the EU28, the deficit to GDP ratio decreased from 3.1% of GDP in the fourth quarter of 2013 to 1.9% of GDP in the first quarter of 2014, largely due to one-off effects described in the Statistics Explained article.
Wed, 23 Jul 2014 11:00:00 +0100
Government debt increased to 93.9% of GDP in euro area and to 88.0% in EU28
At the end of the first quarter of 2014, the government debt to GDP ratio in the euro area (EA18) stood at 93.9%, compared with 92.7% at the end of the fourth quarter of 2013. This increase comes after two consecutive quarters of decrease. In the EU28, the ratio increased from 87.2% to 88.0%. Compared with the first quarter of 2013, the government debt to GDP ratio rose in both the euro area (from 92.5% to 93.9%) and the EU28 (from 86.2% to 88.0%).
Tue, 22 Jul 2014 11:00:00 +0100
EU28 current account surplus €25.4 bn
The EU28 seasonally adjusted external current account recorded a surplus of €25.4 billion (0.8% of GDP) in the first quarter of 2014, down from a surplus of €32.7 bn (1.0% of GDP) in the fourth quarter of 2013 and from a surplus of €32.9 bn (1.0% of GDP) in the first quarter of 2013, according to a second estimate released by Eurostat, the statistical office of the European Union.
Fri, 18 Jul 2014 11:00:00 +0100
Euro area annual inflation stable at 0.5%
Euro area annual inflation was 0.5% in June 2014, stable compared with May. A year earlier the rate was 1.6%. Monthly inflation was 0.1% in June 2014.
Thu, 17 Jul 2014 11:00:00 +0100
Production in construction down by 1.5% in euro area
In May 2014 compared with April 2014, seasonally adjusted production in the construction sector fell by 1.5% in the euro area (EA18) and by 1.6% in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In April 2014, production in construction rose by 0.4% and 0.3% respectively.
Thu, 17 Jul 2014 11:00:00 +0100
Euro area international trade in goods surplus €15.4 bn
The first estimate for the euro area (EA18) trade in goods balance with the rest of the world in May 2014 gave a €15.4 billion surplus, compared with +€14.6 bn in May 2013. The April 2014 balance was also +€15.4 bn, compared with +€14.2 bn in April 2013. In May 2014 compared with April 2014, seasonally adjusted exports rose by 0.6% and imports by 0.5%.
Wed, 16 Jul 2014 11:00:00 +0100
Monitoring the globalisation of the EU economy
The globalisation of the world economy creates new needs for statistics. Therefore, Eurostat, the statistical office of the European Union, publishes today a set of economic globalisation indicators. These identify five aspects of economic globalisation: international trade, foreign direct investment (FDI), employment and value added of multinational enterprises as well as internationalisation technology. All in all, twelve indicators are included in this framework, of which four are shown in this News Release.
Tue, 15 Jul 2014 11:00:00 +0100
Last Updated on: 28-Jul-2014 11:15:05
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