EU important new data

EU important new data

Industrial producer prices in January 2017 up by 0.7 % in Euro Area and 0.8 % in EU28

In January 2017, compared with December 2016, industrial producer prices rose by 0.7 % in the Euro Area (EA19) and by 0.8 % in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In December 2016 prices increased by 0.8 % in the Euro Area and by 0.9 % in the EU28.

Ind.Prod.Prices

In January 2017, compared with January 2016, industrial producer prices rose by 3.5 % in the Euro Area and by 4.3 % in the EU28.

Monthly comparison by main industrial grouping and by Member State

The 0.7 % increase in industrial producer prices in total industry in the Euro Area in January 2017, compared with December 2016, is due to rises of 1.8 % in the energy sector, of 0.8 % for intermediate goods and of 0.3 % for capital goods, durable and non-durable consumer goods. Prices in total industry excluding energy rose by 0.6 %.

In the EU28, the 0.8 % increase is due to rises of 1.9 % in the energy sector, of 0.9 % for intermediate goods and of 0.3 % for capital goods, durable and non-durable consumer goods. Prices in total industry excluding energy rose by 0.6 %.

Industrial producer prices rose in all Member States. The largest increases were observed in Malta (+2.3 %), Belgium (+2.1 %), Spain (+1.8%) and Portugal (+1.7 %).

Annual comparison by main industrial grouping and by Member State

The 3.5 % increase in industrial producer prices in total industry in the Euro Area in January 2017, compared with January 2016, is due to rises of 9.7 % in the energy sector, of 2.1 % for intermediate goods, of 1.5% for non-durable consumer goods, of 0.9 % for durable consumer goods and of 0.8 % for capital goods. Prices in total industry excluding energy rose by 1.5 %.

In the EU28, the 4.3 % price increase is due to rises of 13.8 % in the energy sector, of 2.2 % for intermediate goods, of 1.7 % for non-durable consumer goods, of 1.1 % for capital goods and of 1.0 % for durable consumer goods. Prices in total industry excluding energy rose by 1.8 %.

The largest increases in industrial producer prices were recorded in Belgium (+13.3 %), the United Kingdom (+10.0 %) and the Netherlands (+8.4 %), while decreases were observed in Luxembourg (-3.1 %) and Latvia (-1.3 %).

http://ec.europa.eu/eurostat/

 

Volume of retail trade in January down by 0.1% in Euro Area and up by 0.1% in EU28

In January 2017 compared with December 2016, the seasonally adjusted volume of retail trade fell by 0.1 % in the Euro Area (EA19), while it rose by 0.1 % in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In December the retail trade volume decreased by 0.5 % in the Euro Area and by 1.0 % in the EU28.

In January 2017 compared with January 2016, the calendar adjusted retail sales index increased by 1.2 % in the Euro Area and by 1.5 % in the EU28.

EU Retail 1

Monthly comparison by retail sector and by Member State

The 0.1 % decrease in the volume of retail trade in the Euro Area in January 2017, compared with December 2016, is due to falls of 0.2 % for non-food products and of 0.1 % for “Food, drinks and tobacco”, while automotive fuel rose by 0.8 %. In the EU28, the 0.1 % increase in the volume of retail trade is due to a rise of 0.7 % for automotive fuel, while “Food, drinks and tobacco” and non-food products both remain stable.

Among Member States for which data are available, decreases in the total retail trade volume were observed in Germany and France (both -0.8%), Belgium (-0.6 %) as well as the United Kingdom (-0.4 %), while the highest increases were registered in Finland (+4.4 %), Poland (+4.1 %) and Slovenia (+3.2 %).

Annual comparison by retail sector and by Member State

The 1.2 % increase in the volume of retail trade in the Euro Area in January 2017, compared with January 2016, is due to rises of 2.2 % for non-food products, of 0.6 % for automotive fuel and of 0.3 % for “Food, drinks and tobacco”. In the EU28, the 1.5 % increase in the retail trade volume is due to rises of 2.7 % for non-food products, of 0.8 % for automotive fuel and of 0.3 % for “Food, drinks and tobacco”.

Among Member States for which data are available, the highest increases in the total retail trade volume were observed in Slovenia (+15.4 %), Luxembourg (+8.8 %) and Lithuania (+8.5 %), while a decrease was observed in Germany (-0.4 %).

http://ec.europa.eu/eurostat/

 

Euro Area unemployment in January at 9.6 % and EU28 at 8.1 %

The Euro Area (EA19) seasonally-adjusted unemployment rate was 9.6% in January 2017, stable compared to December 2016 and down from 10.4% in January 2016. This remains the lowest rate recorded in the Euro Area since May 2009. The EU28 unemployment rate was 8.1% in January 2017, down from 8.2% in December 2016  and from 8.9% in January 2016. This is the lowest rate recorded in the EU28 since January 2009. These figures are published by Eurostat, the statistical office of the European Union.

Eurostat estimates that 19.969 million men and women in the EU28, of whom 15.620 million were in the Euro Area, were unemployed in January 2017. Compared with December 2016, the number of persons unemployed decreased by 96 000 in the EU28 and by 56 000 in the Euro Area. Compared with January 2016, unemployment fell by 1.733 million in the EU28 and by 1.101 million in the Euro Area.

Member States

Among the Member States, the lowest unemployment rates in January 2017 were recorded in the Czech Republic (3.4 %) and Germany (3.8 %). The highest unemployment rates were observed in Greece (23.0 % in November 2016) and Spain (18.2 %).

Compared with a year ago, the unemployment rate in January 2017 fell in twenty-five Member States, while it increased in Cyprus (from 13.1 % to 14.1 %), Italy (from 11.6 % to 11.9 %) and Denmark (from 6.0 % to 6.2 %). The largest decreases were registered in Croatia (from 14.8 % to 11.3 %), Spain (from 20.6 % to 18.2 %), Hungary (from 6.2 % to 4.3 % between December 2015 and December 2016), Portugal (from 12.1 % to 10.2 %), Slovakia (from 10.4 % to 8.6 %) and Ireland (from 8.5 % to 6.7 %).

In January 2017, the unemployment rate in the United States was 4.8 %, up from 4.7 % in December 2016 but down from 4.9 % in January 2016.

EU Unemployment

Youth unemployment

In January 2017, 4.017 million young persons (under 25) were unemployed in the EU28, of whom 2.826 million were in the Euro Area. Compared with January 2016, youth unemployment decreased by 357000 in the EU28 and by 198000 in the Euro Area. In January 2017, the youth unemployment rate was 17.7 % in the EU28 and 20.0 % in the Euro Area, compared with 19.3 % and 21.7 % respectively in January 2016. In January 2017, the lowest rate was observed in Germany (6.5 %), while the highest were recorded in Greece (45.7 % in November 2016), Spain (42.2 %) and Italy (37.9 %).

http://ec.europa.eu/eurostat/

Flash estimate Euro Area annual inflation in February up to 2.0 %

Euro Area annual inflation is expected to be 2.0 % in February 2017, up from 1.8 % in January 2017, according to a flash estimate from Eurostat, the statistical office of the European Union.

Looking at the main components of Euro Area inflation, energy is expected to have the highest annual rate in February (9.2 %, compared with 8.1 % in January), followed by food, alcohol & tobacco (2.5 %, compared with 1.8 % in January), services (1.3 %, compared with 1.2 % in January) and non-energy industrial goods (0.2 %, compared with 0.5 % in January).

EU Infl.

http://ec.europa.eu/eurostat/


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