Economy and finance
Euro area annual inflation is expected to be 2.0% in June 2025, up from 1.9% in May according to a flash estimate from Eurostat, the statistical office of the European Union.
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In April 2025, compared with March 2025, seasonally adjusted production in construction increased by 1.7% in the euro area and by 1.4% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In March 2025, production in construction fell by 0.2% in the...
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The euro area annual inflation rate was 1.9% in May 2025, down from 2.2% in April. A year earlier, the rate was 2.6%. European Union annual inflation was 2.2% in May 2025, down from 2.4% in April. A year earlier, the rate was 2.7%. These figures are published by Eurostat, the statistical office o...
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In the first quarter of 2025 the hourly labour costs rose by 3.4% in the euro area and by 4.1% in the EU, compared with the same quarter of the previous year. These figures are published by Eurostat, the statistical office of the European Union.
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In the first quarter of 2025, the job vacancy rate was 2.4% in the euro area, a decrease from 2.5% in the fourth quarter of 2024 and from 2.9% in the first quarter of 2024, according to the figures published by Eurostat, the statistical office of the European Union. The job vacancy rate in the EU...
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The first estimates of euro area balance showed a €9.9 bn surplus in trade in goods with the rest of the world in April 2025, compared with + €13.6 bn in April 2024.
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In April 2025, compared with March 2025, seasonally adjusted industrial production decreased by 2.4% in the euro area and by 1.8% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In March 2025, industrial production grew by 2.4% in the euro area...
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In March 2025, compared with February 2025, seasonally adjusted services production increased by 0.9% in the euro area and by 0.6% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In February 2025, services production fell by 0.2% in both the eu...
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In April 2025, compared with March 2025, the seasonally adjusted retail trade volume increased by 0.1% in the euro area and by 0.7% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In March 2025, retail trade volume grew by 0.4% in the euro area...
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In the first quarter of 2025, seasonally adjusted GDP increased by 0.6% both in the euro area and in the EU, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. In the fourth quarter of 2024, GDP had grown by 0.3% in th...
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In April 2025, compared with March 2025, industrial producer prices decreased by 2.2% in the euro area and by 2.1% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In March 2025, industrial producer prices fell by 1.7% in the euro area and by 1....
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Today, Eurostat is publishing for the first time detailed supply, use, and input-output tables for 88 products and industries. These tables will benefit users by giving them greater insights into the structure of EU countries’ economies. They enable a more granular analysis of critical products a...
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In 2024, price levels for household final consumption expenditure differed widely across the EU.
The highest price levels for household consumption were recorded in Denmark (143% of the EU average), Ireland (138%) and Luxembourg (133%). Meanwhile, the lowest levels were registered in Bulgaria (6...
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In 2024, actual individual consumption (AIC) per capita expressed in purchasing power standard (PPS) varied from 72% to 141% of the EU average across the 27 EU countries.
This information comes from recently published data on purchasing power parities (PPPs). This article presents some of the fi...
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In connection with the news releases for the Excessive deficit procedure (EDP) and the Government finance statistics (GFS) published today, a series of related documents have been updated:
Note on the stock of liabilities in trade credits and advances;
Stock-flow adjustment note explaining th...
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In March 2025, the price of eggs in the EU was on average 6.7% higher than in March 2024.
Among the EU countries, the highest increase in annual inflation for eggs was recorded in Czechia (+46.0% in March 2025 compared with March 2024), followed by Slovakia (+29.8%) and Hungary (+26.1%). Meanw...
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As of 1 January 2025, 22 out of 27 EU countries have national minimum wages, making Denmark, Italy, Austria, Finland and Sweden the exceptions.
In January 2025, 10 EU countries had minimum wages below €1 000 per month: Bulgaria (€551), Hungary (€707), Latvia (€740), Romania (€814), Slovakia (€8...
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In March 2025, the UN Statistical Commission endorsed the 2025 System of National Accounts (2025 SNA) and the 7th edition of the Balance of Payments Manual (BPM7) as the new global standards for compiling national accounts and balance of payments statistics.
Eurostat and the national statistic...
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In the fourth quarter of 2024, house prices in the EU rose by 4.9%, while rents increased by 3.2% compared with the fourth quarter of 2023.
Compared with the third quarter of 2024, house prices increased by 0.8% and rents by 0.6%.
This information comes from data on house prices and rents publ...
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In 2024, the gross domestic product (GDP) per capita expressed in purchasing power standards (PPS) ranged between 66% of the EU average in Bulgaria and 241% in Luxembourg.
This information comes from the preliminary estimates of purchasing power parities (PPPs) and GDP for 2024 published by Euro...
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In 2023, the EU countries’ general government expenditure on defence amounted to €227 billion, representing 2.7% of total general government expenditure. This is equivalent to 1.3% of GDP.
At EU level, the share of defence expenditure in total expenditure decreased from 3.0% in 1995 to 2.7% in 2...
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In 2023, real GDP increased in 154 EU regions compared with 2022, while decreases were registered in 85 regions.
The region with the largest growth in real GDP was Malta (a single region at this level of detail), with a 6.7% increase, followed by Severen Tsentralen in Bulgaria (+5.8%), Illes Ba...
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The private sector debt is the stock of liabilities held by the sectors Non-Financial corporations, Households and Non-Profit institutions serving households (S.11_S.14_S.15). The instruments that are taken into account to compile private sector debt are Debt securities (F.3) and Loans (F.4). Dat...
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The private sector credit flow represents the net amount of liabilities which the sectors Non-Financial corporations, Households and Non-Profit institutions serving households (S.11_S.14_S.15) have incurred along the year. The instruments that are taken into account to compile private sector cred...
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Employees correspond to the ILO definition of 'paid employment'. The relationship of employer to employee exists when there is a contract, which may be formal or informal, between an enterprise and a person, entered into voluntarily by both parties, whereby the person works for the enterpr...
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Persons in employment are those who, during the reference week, did any work for pay or profit, or were not working but had a job from which they were temporarily absent. Anyone who receives a wage for on-the-job training that involves the production of goods or services is also considered as bei...
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Private consumption expenditure consists of expenditure incurred for the direct satisfaction of individual or collective needs by private households or non-profit institutions serving households (such as religious societies, sports and other clubs, political parties, etc.).
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Residential Construction tracks the actual construction (not sales) of housing and is part of Gross fixed capital formation. GFCF consists of resident producers' acquisitions, less disposals, of fixed assets during a given period plus certain additions to the value of non-produced assets realised...
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The indicator is calculated as the ratio of real gross domestic product to the average population of a specific year. GDP measures the value of total final output of goods and services produced by an economy within a certain period of time.
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Gross fixed capital formation (GFCF) consists of resident producers' acquisitions, less disposals, of fixed assets during a given period plus certain additions to the value of non-produced assets realised by the productive activity of producer or institutional units. GFCF includes acquisition les...
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The nominal unit labour cost (NULC) index is defined as the ratio of labour cost to labour productivity, where labour cost is the ratio of compensation of employees (current prices) to hours worked by employees, and labour productivity is the ratio of gross domestic product (at market prices i...
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Compensation of employees (at current prices) is defined as the total remuneration, in cash or in kind, payable by an employer to an employee in return for work done by the latter during the accounting period. Compensation of employees consists of wages and salaries, and of employers' social cont...
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The indicator is calculated by subtracting the world exports volume growth rate from the country exports volume growth rate. Eurostat's National accounts volumes for exports (as for all transactions concerning goods and services) are estimated in previous year prices to eliminate the influence...
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