World economy gropes on road to recovery Oct 2, 2009
2 percent at a quarter-on-quarter level, according to first estimates released by Eurostat, the Statistical Office of the European Communities ... 6 percent in August 2008, the Eurostat said Thursday. (Xinhuanet, China)
Pain in Spain May Linger as Banks Prop Up Property Prices to Avoid Losses Oct 2, 2009
Eurostat data show that Spain has the highest in Europe at 18. 5 percent, and the Organization for Economic Cooperation and Development forecasts the economy will continue to shrink next year as other European nations start to recover. (Bloomberg)
Eurozone prices falling further Oct 1, 2009
2% in the year to August, according to Eurostat. It is the fourth consecutive month that the rate of inflation has been negative in the bloc of 16 European nations that use the euro as their currency. (BBC News -- Europe)
World Heart Day resonates with recent experts' findings on CVD and EU institutions' determination to promote heart health Sep 25, 2009
"Wealth per person: Gross Domestic Product per person in Purchasing Power Standard, 2007", EuroStat [4] Overall, CVD is estimated to cost the EU economy 192 billion a year. "European Cardiovascular Disease Statistics 2008", European Heart Network, p.8 [5] Cowburn G, Bhatnagar P, Logstrup S. National plans, policies and measures impacting on cardiovascular health promotion and cardiovascular disease prevention. (EurekAlert!)
Move towards eco-friendly initiatives to rejuvenate economies Sep 24, 2009
9% of tax revenues are made up of environmental taxes, by far the highest proportion in the European Union and arguably the world s highest, notes Eurostat. Britain too has successfully implemented a range of environmental taxes, including the Climate Change Levy, a tax on the end-use of taxable commodities (electricity, gas and coal) by commercial customers, and the Landfill Tax, which taxes people and organisations when they discard waste in landfill sites. (The Star Online, Malaysia -- Business)
Eurozone industrial new orders rise in July Sep 24, 2009
6 percent in the euro area in July, compared with June, said the European Union (EU) statistics agency Eurostat ... 9 percent in the EU, Eurostat said. (Xinhuanet, China)
How Latvia Avoided Meltdown Sep 19, 2009
The number of people without work has been rising steadily and according to Eurostat Latvia now has the second highest unemployment rate in the European Union, after Spain. A recent survey indicated that close to 70 percent of companies have cut wages this year. (BusinessWeek)
Sushi lovers tense in Tokyo Sep 16, 2009
The report mentions one EU country which reportedly "caged 692,550 kilograms of live bluefin tuna at its two operative Tuna ranches during the 2008 bluefin tuna fishing season; and yet, according to the EU Trade Statistic Database Eurostat, [it] exported to Japan alone during the period July 1 to December 31 2008, 1,019,600 kilograms of fresh bluefin tuna". During the bluefin fishing season, planes play a vital role. (Asia Times Online)
Eurozone industrial output falls again Sep 15, 2009
2 per cent fall the previous month, according to Eurostat, the European Unions statistical office. EDITORS CHOICE. (FT.com -- Markets)
Public Information Notice: IMF Executive Board Concludes Article IV Consultation with Malta Sep 15, 2009
Sources: National Statistical Office; Central Bank of Malta; Eurostat; European Commission; and IMF staff estimates. 1/ EU Labor Force Survey. (IMF News)
Boost for eurozone recovery hopes Sep 4, 2009
5%, caused the overall drop, the official Eurostat figures showed. There was no change in sales of other goods. (BBC News -- Business)
Juncker says eurozone economy out of worst period Sep 3, 2009
Official figures released by the European Union (EU)'s statistics office Eurostat showed that the eurozone economy shrankat a slower pace in the second quarter of this year, confirming the optimism expressed by Juncker ... 5 percent in the previous three months, according to Eurostat. (Xinhuanet, China)
Eurozone jobless numbers pass 15 million Sep 2, 2009
5 percent marking a watershed last seen in May 1999, the Eurostat agency said. Compared with June, that meant a rise of 167,000 in the unemployed across the eurozone -- and 225,000 across the EU as a whole. (Yahoo! Asia News)
Inflation data ease ECBs difficulties Sep 1, 2009
2 per cent lower than in the same month a year before, according to Eurostat, the European Unions statistical office. In July, it had reported an annual rate of inflation of minus 0. (FT.com -- Markets)
Price falls slowing in eurozone Sep 1, 2009
2% in the past year, Eurostat said, following the record 0. 7% fall in July. (BBC News -- Europe)
Euro-zone prices fall again in August Sep 1, 2009
2 per cent in August from the same month a year ago, the European Union statistics agency Eurostat said. That was far less than the 0. (Sydney Morning Herald -- Business)
Slowing price fall raises Europe recovery hopes Sep 1, 2009
Preliminary August figures from the official Eurostat EU data agency marked the third month of a drop in prices, the first ever decline since the euro bloc was formed in 1999 and a remarkable U-turn for Europe's economy. The downward trend began in June with a 0. (Yahoo! Asia News)
European business, consumer confidence up again Aug 28, 2009
Figures from the European Union statistics office Eurostat showed that industrial orders in the 16 countries that use the euro rose 3 ... Eurostat, the European Union's statistics agency, said Friday its measure of business sentiment rose to -2 ... The figure is still weak, however - "even when compared to the previous historical lows of 1993" - suggesting that industrial production remains subdued, Eurostat said. (Fresno Bee -- Business)
Data hints consumers handling credit cards better Aug 25, 2009
Figures from the European Union statistics office Eurostat showed that industrial orders in the 16 countries that use the euro rose 3. 1 percent in June from the quarter before, suggesting the manufacturing sector could be emerging from recession. (Fresno Bee -- Business)
Recovery hopes boost European shares to 10-month high Aug 25, 2009
1 percent annual drop, European Union statistics office Eurostat said. "The combination of positive growth impulse, expected recovery of the 12M forward earnings estimates and moderate valuation suggests that the uptrend on the equity market will continue," UniCredit strategists said in a note. (Business Report, South Africa)
Data suggest Europe, Asia economy looking up Aug 25, 2009
Figures from the European Union statistics office Eurostat on Monday showed that industrial orders in the 16 countries that use the euro rose 3. 1 percent in June from the quarter before, suggesting the manufacturing sector could be emerging from recession. (The Star Online, Malaysia)
Markets soar as eurozone economy stabilises Aug 22, 2009
Last week, the EU's official Eurostat data agency announced that the eurozone's trade surplus doubled in June to 4. 6 billion euros (6. (Yahoo! Asia News)
Retail sales plunge in EU Aug 19, 2009
2 percent is the second-highest in the EU after Spain, according to Eurostat. Demand is falling as the government slashes expenditures, imposing painful wage cuts on public employees. (The Star Online, Malaysia -- Business)
Eurozone trade surplus doubles in June Aug 17, 2009
1 billion euros in May, the EU's Eurostat data agency announced. The eurozone surplus was the biggest seen for two years, before the global financial and economic crisis and resultant credit crunch took hold. (Sydney Morning Herald -- World)
June Industrial Output Fell in Europe Aug 15, 2009
6 percent, according to estimates by the EU's statistical office Eurostat published on Wednesday (12 August) ... Industrial output is a crucial component of Europe's overall economic output figures, with the early GDP estimates for the second quarter due to be published by Eurostat on Thursday (13 August). (BusinessWeek)
Eurozone GDP down 0.1% Aug 15, 2009
8 percent respectively in the 16-nation euro zone and the 27-nation EU, according to new estimates from the Eurostat. Germany, recorded a 0. (Xinhuanet, China)
Spanish Economy Contracts More Than Forecast; Second-Quarter GDP Drops 1% Aug 15, 2009
At the peak of its boom, Spain was creating about half the new jobs in euro zone, according to Eurostat. Over the decade to 2007, Spain grew at an average of 3. (Bloomberg -- Europe)
France, Germany lift Europe economy Aug 14, 2009
1 percent in the second quarter from the previous three month period, the European Union's statistical agency Eurostat said ... 3 percent in the second quarter prompted many economists to hastily revise their forecasts ahead of the Eurostat release before the French and German data, the expectation was for a 0 ... On an annual basis, though, Eurostat said the euro zone had shrank more than the U.S. Euro zone GDP was down 4. (MSNBC -- International)
Euro area prices fell 0.7 pct in year to July Aug 14, 2009
The European Union's statistics office Eurostat said consumer prices in the euro zone fell by 0 ... Eurostat said the biggest drops were recorded in Ireland and Belgium. (Fresno Bee -- Business)
Euro area economy contracted only 0.1% in Q2 Aug 14, 2009
1% in the second quarter from the previous three month period, the 's statistical agency Eurostat said ... 3% in the second quarter prompted many economists to hastily revise their forecasts ahead of the Eurostat release before the French and German data, the expectation was for a 0 ... On an annual basis, though, Eurostat said the euro zone had shrank more than the U.S. Euro zone GDP was down 4. (USA Today -- Money)
Germany and France Escape Recession Aug 14, 2009
In Brussels on Thursday, the European Union's statistical agency, Eurostat, reported that GDP shrank by 0. 1 percent in the second quarter in the 16-country euro zone compared to the first three months of the year. (BusinessWeek)
* EU industrial production drops Aug 13, 2009
Figures from the EUs statistics office Eurostat showed that industrial production in the 16 countries that use the euro dropped 0. 6 percent in June from the previous month. (Taipei Times, Taiwan -- Sports)
European and British bank rates remain at record lows Aug 7, 2009
Eurostat said it estimated consumer prices fell 0. 6% in July compared with the year-ago period. (USA Today -- Money)
Weaker Europe Recovery Than U.S. Means Bonds Get Preference From Investors Aug 3, 2009
2 percent, according to data from Eurostat, the European Unions statistics office. In the same period, the U.S. rate has jumped 4. (Bloomberg -- US)
Euro zone jobless at 10-yr high Aug 1, 2009
3 per cent as 158,000 people lost their jobs, Eurostat said. With the preliminary reading of May unemployment at 9. (India Times)
Eurozone jobless at 10-year high Aug 1, 2009
6% compared to a year earlier, according to Eurostat ... Eurostat has calculated that 3. (BBC News -- Business)
Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation on Euro Area Policies Jul 31, 2009
Sources: IMF, World Economic Outlook; DataStream; Eurostat; and ECB Monthly Bulletin. 1/ Contribution to growth. (IMF News)
Third of Europeans fear job loss Jul 25, 2009
3% Source: Eurostat figures for May. However, more people were worried that their partner (38%) or their children (47%) would lose their jobs. (BBC News -- Business)
Rise in eurozone factory output Jul 15, 2009
Eurostat, the European Union's statistics office, also revised up its industrial production data for April, saying it contracted by a rate of 1. 4%, not the previously reported 1. (BBC News -- Europe)
Japan wholesale prices fall 6.6 percent in June Jul 10, 2009
Eurostat confirmed that Germany, the euro zone's biggest economy, saw output plunge by a quarterly 3. 8 percent as demand for its cars and factory machinery collapsed - its biggest economic contraction since at least 1970, when West Germany started to compile records. (Fresno Bee -- Business)
Jobless Rise Dashes Europe's Upturn Hopes Jul 7, 2009
According to data published by Eurostat, the EU's statistical office, on Thursday (2 July), the jobless rate in the eurozone was 9. 5 percent in May, up from 9. (BusinessWeek)
Zoellick: World economy remains in danger Jul 7, 2009
5 percent, Eurostat, the statistics office of the European Union (EU), said on Thursday. The seasonally adjusted figure was up from the 9. (Xinhuanet, China)
Eurozone retail sales post fall Jul 4, 2009
3%, according to Eurostat figures ... 1% in the past year, Eurostat said. (BBC News -- Business)
INTERNATIONAL: Euro zone retail sales down 0.4 percent in May Jul 4, 2009
Eurostat, the EU's statistics office, said Friday that retail sales in the euro zone fell by 0 ... Figures Thursday from Eurostat showed that the unemployment rate for the euro zone in May stood at a ten-year high of 9 ... Among the 27 EU member states for which monthly data are available, Eurostat said total retail trade rose in four and fell in twelve. (North County Times)
US stocks sent reeling by high unemployment rate (Update) Jul 3, 2009
Eurostat, the statistics office of the EU, said the seasonally-adjusted unemployment rate for the euro zone in May was 9. 5 percent, up from April's 9. (The Star Online, Malaysia -- Business)
EU economy shows signs of touching bottom Jul 3, 2009
Official figures released by the EU's statistics office Eurostat showed that the combined economy of the 27-nation bloc contracted by 2 ... Official figures from Eurostat showed that the unemployment rate in the euro zone hit a decade high in May, reflecting the current economic woes which forced companies to cut jobs amid shrinking demand, while the rate within the EU has also jumped to a record level since June 2005. (Xinhuanet, China)
Unemployment up again in eurozone Jul 3, 2009
3% in April, data from the Eurostat agency has shown. It is the highest rate since May 1999. (BBC News -- Business)
ECB keeps interest rate unchanged at record low Jul 3, 2009
Hours before the ECB's rate decision, official figures released by the EU's statistics office Eurostat showed that the unemployment rate in the eurozone hit a 10-year high in May, reflecting the current economic woes ... This month's meeting was held amid increasing fears of deflation in the eurozone after preliminary figures from Eurostat showed that the zone's annual inflation dropped into negative territory for the first time on record in June, standing at minus 0. (Xinhuanet, China)
Eurozone unemployment hits 10-year high Jul 3, 2009
Some 273,000 jobs were lost across the eurozone in May as the unemployment rate rose to the highest point since May 1999, the European Union's Eurostat data agency estimated ... Eurostat estimated that in total 21. (Sydney Morning Herald -- Business)
ECB governors huddle under deflation clouds Jul 2, 2009
Eurozone consumer prices fell in June for the first time since records began in 1996, a Eurostat estimate has shown. The provisional inflation figure of minus 0. (Sydney Morning Herald -- World)
Eurozone inflation turns negative Jul 1, 2009
1% in the past year, Eurostat said. The inflation rate had been 0% in May. (BBC News -- Business)
European Banks: More Pain on the Way? Jun 30, 2009
According to Brussels-based Eurostat, which provides the European Union's official statistics, unemployment in April the most recent figures available rose to 9. 2%, up 3. (BusinessWeek)
EU summit to tackle unemployment Jun 18, 2009
Latest data from the EU statistics agency Eurostat show that more than 1 ... Eurostat said about 20. (Xinhuanet, China)
Bleak summer for Europe Jun 17, 2009
"The number of trips is still growing, but people travel on a tighter budget, they look for cheaper accommodation and spend less in restaurants," said Christophe Demunter, an expert at the EU's statistics office Eurostat. One in six Europeans will not go on holiday this year because of the crisis, and one-third of Europeans say the crisis has affected their holiday plans, a recent Eurobarometer poll has shown. (iAfrica.com)
European Car Sales Sink 4.9% In May Jun 17, 2009
Inflation in the 16 nations that use the euro was zero percent, the EU statistics agency Eurostat said Tuesday, confirming an earlier estimate, as the cost of transport fuel, telecommunications and housing fell from a year ago. Six euro-zone nations -- Spain, France, Ireland, Belgium, Luxembourg and Portugal -- were hit by disinflation as real prices shrank compared to last year. (Click2Houston, TX)
ECB, BoE hold record low rates, analysts eye bonds Jun 5, 2009
That was the sharpest downturn since records began in 1995, the Eurostat statistics agency said, and meant the eurozone has now endured four straight quarters of economic recession. Unemployment reached a 10-year high of 9. (Yahoo! Asia News)
Eurozone economy hits official record contraction Jun 4, 2009
Both cases show that the downturn is the sharpest for the 16-nation eurozone since records began in 1995, the Eurostat statistics agency said ... 5 percent over one year, according to comparative figures given by Eurostat ... Eurostat was even obliged to revise downwards some already depressing estimates for 2008. (Yahoo! Asia News)
Euro zone retail sales edge up in April Jun 4, 2009
The EU's statistics office Eurostat said retail sales in the euro zone rose 0. 2 percent in April from the month before, when sales had declined a modest 0. (OregonLive, OR -- Business)
Euro joblessness at record high Jun 3, 2009
9% in March, the highest rate since September 1999, the Eurostat data agency said ... Eurostat estimates that 20. (BBC News -- Europe)
Eurozone inflation falls to zero May 30, 2009
0 per cent this month, according to Eurostat, the European Unions statistical office. EDITORS CHOICE. (FT.com -- Markets)
Jobless jumps past 2.5 mn in France May 30, 2009
According to the most recent figures from the European Union statistics office Eurostat, which presents national jobless data according to ILO standards, France's jobless rate in March stood at 8. 8 per cent, just below the euro area average of 8. (India Times)
Euro zone inflation zero in year to May May 29, 2009
A more complete picture will emerge next month when Eurostat publishes its next estimate. Nevertheless, the data will likely cement market expectations that the European Central Bank will confirm its intention to start buying some limited financial assets from the banks more or less straightaway when its governing council meets next Thursday. (OregonLive, OR -- Business)
European economic confidence up for second month May 28, 2009
The European Union's statistics office Eurostat found that its euro zone economic sentiment indicator (ESI)-a broad indicator of confidence in the economy-advanced a further 2 ... Eurostat said the further increase in the indicator was partly due to a clear improvement in sentiment in the retail sector ... Eurostat said the economic sentiment indicator for the 27-nation EU also improved for the second month running to 66. (OregonLive, OR -- Business)
Eurozone industrial new orders down by 0.8% in March May 27, 2009
9 percent year on year, the European Union (EU)'s statistics bureau Eurostat said Tuesday. In February, the monthly index remained unchanged. (Xinhuanet, China)
Eurozone trade jumps to surplus May 19, 2009
The eurozone had a trade surplus of 400m euros ($538m; 353m) in March, its first since a small 20m-euro surplus in June last year, Eurostat said ... The EU's statistics agency Eurostat also said the 27 members of the European Union had a 9. (BBC News -- Business)
