Unemployment fell in July in the Eurozone, despite shocks to the European economy from the war in Ukraine and the rally in inflation. In particular, the unemployment rate fell to 6.6% in July from 6.7% in June and 7.7% in July 2021. In the E.U. unemployment fell to 6% from 6.1% in June and 6.9% […]
Tag: eurostat
Eurozone: New record of inflation at 9.1% in August, +11.1% in Greece
Inflation in the Eurozone continued its rally in August, surpassing analysts’ estimates with a new record high of 9.1% from 8.9% in July, according to the initial data released today by Eurostat. Analysts’ average estimates put the index at 9%. The jump in energy prices remains dizzying, with an annual rate of 38.3% in August […]
Eurostat: Just 0.5% of government spending on fire protection in the EU in 2020
EU governments spent €32.9 billion on fire protection in 2020, or an average of 0.5% of total general government spending, according to Eurostat figures released today. Specifically, according to Eurostat, in 2020 general government spending in the 27 EU member states on “fire protection services” amounted to €32.9 billion, an increase of 6.4% from 2019, […]
Eurozone: 0.7% GDP growth in Q2, more than triple estimates
The Eurozone economy continued to grow in the second quarter of 2022, despite intense pressures from the energy crisis and a rally in inflation, preliminary data announced today by the European statistics agency showed. In particular, in the second quarter the GDP of the Eurozone increased by 0.7% compared to the previous quarter, exceeding the […]
Eurozone: Acceleration of growth in the first quarter despite the war in Ukraine
The eurozone economy grew faster in the first quarter of 2022 compared to the previous quarter, despite the outbreak of war in Ukraine, according to data released today by Eurostat. In particular, in the final measurement for the period January – March, Eurostat announced that the GDP of the Eurozone grew by 0.6% from quarter […]
Eurostat: Unemployment in Greece fell by 4.2 points in April
By Dimitris Katsaganis Unemployment in Greece fell by 4.2 points in April, according to Eurostat data. Specifically, unemployment in April 2022 rose to 12.7% compared to 16.9% in April 2021. Between March and April 2022 there was, according to Eurostat, a small increase of 0.5 points (to 12.7% versus 12.2%). However, the same phenomenon, ie […]
Eurostat: Big drop in industrial production in March
Industrial production fell sharply in March, both in the Eurozone and in the EU. after the rise in February, according to data released today by Eurostat. In particular, in March industrial production fell by 1.8% in the Eurozone and by 1.2% in the EU. compared to February 2022, according to estimates by the European Statistical […]
Ahtsioglou-Haritsis for Eurostat data: The political change is an urgent need
“In the most official way it is confirmed that the worst is ahead of us”, comment in a joint statement Efi Ahtsioglou and Alexis Haritsis, on the occasion of today’s preliminary Eurostat data that “show a new jump in inflation to 9.4% for Greece in April”. “Inflation in our country has not only increased by […]
Eurozone industrial production rebounded as expected in February
Eurozone industrial production recovered as expected in February, thanks to increased consumer goods production that offset the decline in energy and capital goods production. In particular, as announced by Eurostat, industrial production in the 19 euro countries increased by 0.7% on a monthly basis, thus recording an increase of 2% per year, after a monthly […]
Eurozone: Annual inflation at a new high of 7.5% in March, Greece at 8%
Inflation is expected to climb to a new all-time high in March, drawing new momentum from the unstoppable rally in energy prices, according to preliminary data released today by Eurostat. In particular, annual inflation is expected to reach 7.5% in March 2022, from 5.9% in February, as announced by the European Statistical Office. Analysts’ average […]