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Euro Area Balance of Payments in February 2011 and International Investment Position at the End of the Fourth Quarter of 2010

added: 20-04-2011

In February 2011 the seasonally adjusted current account of the euro area recorded a deficit of EUR 7.2 billion. In the financial account, combined direct and portfolio investment recorded net inflows of EUR 71 billion (non-seasonally adjusted). At the end of the fourth quarter of 2010 the international investment position of the euro area recorded net liabilities of EUR 1.2 trillion vis-à-vis the rest of the world (approximately 13% of euro area GDP). This represented a reduction of EUR 187 billion in comparison with the revised data for the end of the third quarter of 2010.

EU27 Current Account Deficit 18.2 bn euro in the Fourth Quarter of 2010

added: 20-04-2011

According to the latest available data, the EU27 external current account recorded a deficit of 18.2 billion euro in the fourth quarter of 2010, compared with a deficit of 4.8 bn in the fourth quarter of 2009 and a deficit of 15.5 bn in the third quarter of 2010.

Construction Output Down by 0.7% in Euro Area in February 2011

added: 20-04-2011

In the construction sector, seasonally adjusted production fell by 0.7% in the euro area (EA17), but rose by 0.7% in the EU27 in February 2011, compared with the previous month. In January, production increased by 3.6% and 1.0% respectively.

Euro Area Investment Fund Statistics: February 2011

added: 19-04-2011

In February 2011, the amount outstanding of shares/units issued by euro area investment funds other than money market funds was EUR 54 billion higher than in January 2011. This increase was due mainly to increases in share/unit prices.

Euro Area External Trade Deficit 1.5 bn euro in February 2011

added: 18-04-2011

The first estimate for the euro area (EA17) trade balance with the rest of the world in February 2011 gave a 1.5 bn euro deficit, compared with +1.4 bn in February 2010. The January 2011 balance was -15.6 bn, compared with -10.4 bn in January 2010. In February 2011 compared with January 2011, seasonally adjusted exports rose by 1.6% and imports by 1.0%.

Euro Area Annual Inflation up to 2.7% in March 2011

added: 18-04-2011

Euro area annual inflation was 2.7% in March 2011, up from 2.4% in February. A year earlier the rate was 1.6%. Monthly inflation was 1.4% in March 2011.

EU: Cultural Statistics in the Spotlight

added: 17-04-2011

Culture plays a significant role in the daily life of European citizens, and statistics can help to illustrate cultural behaviour in the EU as well as cross-cultural contacts. How many students in the EU study arts? How many writers and artists are there in the EU? Has the price of cultural goods and services increased more than the average over recent years? What percentage of the population in the EU read a book or a newspaper in a foreign language?

Mobile Web Users in Western Europe to Double by 2015

added: 15-04-2011

Around the world, smartphone adoption is the trend, and with it, greater mobile internet usage. The EU-5 is no exception, and eMarketer expects the number of mobile web users in the UK, France, Germany, Italy and Spain to double between 2010 and 2015.

MAXIMUS UK Survey Finds Recruiting New Staff is Too Costly and Time Intensive for UK Businesses

added: 15-04-2011

Recruiting new employees takes too long and is too costly according to a new survey conducted in February, covering more than 500 small and medium-sized businesses across the United Kingdom and representing all sectors. Over 80% of the companies that responded employ fewer than 100 staff and identified recruitment as a great challenge in managing their workforce.

Industrial Production up by 0.4% in Euro Area in February 2011

added: 14-04-2011

In February 2011 compared with January 2011, seasonally adjusted industrial production grew by 0.4% in the euro area (EA17) and by 0.2% in the EU27. In January production rose by 0.2% and 0.5% respectively.

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