Menu

The first estimate for the euro area (EA18) trade in goods balance with the rest of the world in July 2014 gave a €21.2 billion surplus, compared with +€18.0 bn in July 2013. The June 2014 balance was +€16.7 bn, compared with +€15.7 bn in June 2013. In July 2014 compared with June 2014, seasonally adjusted exports fell by 0.2% while imports rose by 0.9%.

In July 2014 compared with June 2014, seasonally adjusted industrial production rose by 1.0% in the euro area (EA18) and by 0.7% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In June 2014 industrial production fell by 0.3% and 0.1% respectively. In July 2014 compared with July 2013, industrial production grew by 2.2% in the euro area and by 2.0% in the EU28.

Seasonally adjusted GDP remained stable in the euro area (EA18) and rose by 0.2% in the EU28 during the second quarter of 2014, compared with the previous quarter, according to second estimates published by Eurostat, the statistical office of the European Union. In the first quarter of 2014, GDP grew by 0.2% in the euro area and by 0.3% in the EU28.

In July 2014 compared with June 2014, the seasonally adjusted volume of retail trade fell by 0.4% in both the euro area (EA18) and the EU28, according to estimates from Eurostat, the statistical office of the European Union. In June retail trade increased by 0.3% in both zones. In July 2014 compared with July 2013, the retail sales index increased by 0.8% in the euro area and by 1.0% in the EU28.

In July 2014, compared with June 2014, industrial producer prices fell by 0.1% in the euro area (EA18) and by 0.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In June prices rose by 0.2% in the euro area and by 0.1% in the EU28.

The euro area (EA18) seasonally-adjusted unemployment rate was 11.5% in July 2014, stable compared with June 2014, but down from 11.9% in July 2013. The EU28 unemployment rate was 10.2% in July 2014, also stable compared with June 2014, but down from 10.9% in July 2013.

In June 2014 compared with May 2014, seasonally adjusted production in the construction sector fell by 0.7% in the euro area (EA18) and by 0.3% in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In May 2014, production in construction fell by 1.4% in both zones.

The first estimate for the euro area (EA18) trade in goods balance with the rest of the world in June 2014 gave a €16.8 billion surplus, compared with +€15.7 bn in June 2013. The May 2014 balance was +€15.4 bn, compared with +€14.6 bn in May 2013. In June 2014 compared with May 2014, seasonally adjusted exports fell by 0.5% while imports rose by 0.5%.

Euro area annual inflation was 0.4% in July 2014, down from 0.5% in June. This is the lowest annual inflation rate since October 2009. In July 2013 the rate was 1.6%. Monthly inflation was -0.7% in July 2014.

In June 2014 compared with May 2014, seasonally adjusted industrial production fell by 0.3% in the euro area (EA18) and by 0.1% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In May 2014 industrial production decreased by 1.1% in both zones. In June 2014 compared with June 2013, industrial production remained stable in the euro area and rose by 0.7% in the EU28.