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In the first quarter of 2008, the annual growth rate of net disposable income in the euro area equalled 3.4%, compared with 4.6% in the fourth quarter of 2007. The annual growth rate of consumption was 4.1% in the first quarter, which was higher than in the fourth quarter (3.8%). In the first quarter the annual growth rate of net saving declined to -2.8%, from 12.6% in the previous quarter. The annual growth rate of gross fixed capital formation was 3.9% in the first quarter of 2008, compared with 5.7% in the previous quarter.
wiêcej

Household saving rate at 13.7% in the euro area and 10.0% in the EU27. Business investment rate at 22.9% in the euro area and 23.2% in the EU27.
wiêcej

The euro area (EA15) seasonally-adjusted unemployment rate stood at 7.3% in June 2008, unchanged compared with May. It was 7.4% in June 2007. The EU27 unemployment rate was 6.8% in June 2008, unchanged compared with May. It was 7.1% in June 2007.
wiêcej

In July, the Economic Sentiment Indicator (ESI) declined sharply in both the EU and the euro area. It fell by 5.8 points in the EU and by 5.3 points in the euro area, to 88.7 and 89.5 respectively. In both regions, the ESI recorded its largest month-on-month decline since October 2001 to reach its lowest level since March 2003.
wiêcej

The latest Bloomberg Eurozone Retail Purchasing Managers' Index, based on a mid-month survey of economic conditions in the euro area retail sector, rose from 44.0 in June to 46.0 in July. By remaining below the 50.0 level, the index pointed to a further fall in sales during the month despite an easing in the rate of decline from the steep pace seen in June.
wiêcej

The annual rate of growth of M3 decreased to 9.5% in June 2008, from 10.0% in May 2008. The threemonth average of the annual growth rates of M3 over the period April 2008 - June 2008 declined to 9.9%, from 10.1% in the period March 2008 - May 2008.
wiêcej

In May 2008 the working day and seasonally adjusted current account of the euro area recorded a deficit of EUR 7.3 billion. In the financial account, combined direct and portfolio investment showed net inflows of EUR 13 billion.
wiêcej

UK Online Sales Surge
added: 27-07-2008

High gas prices, good deals or just a sign of the changing times? Whatever the reason, according to IMRG Capgemini, during the first six months of 2008 UK shoppers spent £26.5 billion online—a 38% increase over the first half of 2007.
wiêcej

More than 63% of Europe's television broadcasters' programming time is devoted to European works and over 36% to works by independent European producers. These new figures come from the European Commission's eighth report on effectiveness of EU rules on the promotion of European works, which covers the period 2005-2006.
wiêcej

Europe’s mobile music scene is more advanced than that in the US. Germany, France, Italy, Spain and the UK are reporting sharp growth.
wiêcej

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