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Euro Area External Trade Surplus 2.7 bn euro in April 2009

added: 17-06-2009

The first estimate for the euro area (EA16) trade balance with the rest of the world in April 2009 gave a 2.7 bn euro surplus, compared with +2.2 bn in April 2008. The March 2009 balance was +1.8 bn, compared with -2.3 bn in March 2008. In April 2009 compared with March 2009, seasonally adjusted exports fell by 1.3% and imports by 2.7%.

Construction Output Up by 0.6% in the Euro Area in April 2009

added: 17-06-2009

In the construction sector, seasonally adjusted production increased by 0.6% in the euro area (EA16) and by 0.7% in the EU27 in April 2009, compared with the previous month. In March, production rose by 0.6% and by 0.1% respectively.

The Conference Board Leading Economic Index™ for Spain Increased 0.2 Percent in April 2009

added: 17-06-2009

The Conference Board Leading Economic Index™ (LEI) for Spain increased 0.2 percent. The Conference Board Coincident Economic Index™ (CEI) decreased 0.5 percent in April.

ECB: Financial Stability Review June 2009

added: 16-06-2009

Many of the downside risks to euro area financial stability that were identified in the December 2008 issue of the FSR have crystallised. In particular, the further significant deterioration of global macroeconomic conditions, as well as sizeable downward revisions to growth forecasts and expectations, have added to the stresses on global and euro area financial systems. The contraction of economic activity and the diminished growth prospects have resulted in a further erosion of the market values of a broad range of assets.

Euro Area Labour Costs Rose by 3.7% in the First Quarter of 2009

added: 16-06-2009

Total hourly labour costs in the euro area (EA16) rose by 3.7% in nominal terms in the year up to the first quarter of 2009, compared with 4.0% for the previous quarter. In the EU27, the annual rise was 1.5% up to the first quarter of 2009, compared with 4.5% for the previous quarter.

Euro Area Annual Inflation Down to 0.0% in May 2009

added: 16-06-2009

Euro area annual inflation was 0.0% in May 2009, down from 0.6% in April. A year earlier the rate was 3.7%. Monthly inflation was 0.1% in May 2009.

Euro Area and EU27 Employment Down by 0.8% in the First Quarter of 2009

added: 15-06-2009

The number of persons employed in the euro area (EA16) fell by 0.8% (1 220 000 persons) in the first quarter of 2009 compared with the previous quarter, according to national accounts estimates published by Eurostat, the Statistical Office of the European Communities.

Industrial Production Down by 1.9% in Euro Area in April 2009

added: 15-06-2009

In April 2009 compared with March 2009, seasonally adjusted industrial production fell by 1.9% in the euro area (EA16) and by 0.9% in the EU27. In March production decreased by 1.4% and 1.3% respectively.

The Conference Board Leading Economic Index™ for the U.K. Increases in April 2009

added: 15-06-2009

The Conference Board Leading Economic Index™ (LEI) for the U.K. increased 0.9 percent, and The Conference Board Coincident Economic Index™ (CEI) increased 0.1 percent in April.

Euro Area MFI Interest Rate Statistics in April 2009

added: 12-06-2009

In April 2009, average short-term MFI interest rates and a large majority of average long-term MFI interest rates were substantially lower than in the previous month.

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