In the second quarter of 2022, the EU seasonally adjusted current account of the balance of payments recorded a deficit of €37.4 billion (–1.0% of GDP), down from a surplus of €8.8 billion (0.2% of […]
Over half the euro nations have inflation above 10%. Even three are over 20% Read Here
The first estimate for euro area exports of goods to the rest of the world in July 2022 was €235.5 billion, an increase of 13.3% compared with July 2021 (€207.8 bn). Imports from the rest […]
There can be no more claims of a recovery, but things are looking increasingly like a recession as the EU’s economic strategy against Russian backfires Read Here
Among Member States for which data are available, the highest monthly increases in the total retail trade volume were registered in Germany (+1.9%), the Netherlands (+1.7%), Luxembourg and Poland (both +1.5%). The largest decreases were […]
Inflation was up from 8.9 per cent in July, which was itself a record high in the 23-year history of the euro. Read Here
The euro area annual inflation rate was 8.9% in July 2022, up from 8.6% in June. A year earlier, the rate was2.2%. European Union annual inflation was 9.8% in July 2022, up from 9.6% in […]
Looks like a recession. Read Here
Euro area annual inflation is expected to be 8.9% in July 2022, up from 8.6% in June Read Here
In the first quarter of 2022, the EU seasonally adjusted current account of the balance of payments recorded a surplus of €16.6 billion (0.4% of GDP), down from a surplus of €52.2 billion (1.4% of […]
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