In June 2023, the seasonally adjusted industrial production increased by 0.5% in the euro area and by 0.4% in the EU, compared with May 2023, according to estimates from Eurostat, the statistical office of the […]
The EU creating its own recession through austerity Read HERE
In 2022, EU coal production and consumption continued to increase, reaching 349 million tonnes (+5% compared with the previous year) and 454 million tonnes (+2%), respectively. This rebound started in 2021 and was mainly driven […]
EU industrial production continues to stagnate: In March 2023, the seasonally adjusted industrial production decreased by 4.1% in the euro area and by 3.6% in the EU, compared with February 2023, according to estimates from […]
Governments trying to stave off recession by increasing their spending. Germany will not be pleased. Read HERE
The press releases at Eurostat always try to put a positive spin on its articles. This one is no different, but if you look closer – see chart below – you will see that since […]
Russia’s invasion of Ukraine in February 2022 had a significant impact on the import of crude oil into the EU, which fell to 4% of total crude imports by December. Read HERE
The annual inflation rate in the EU dropped 0.1% to 9.9%. Eleven EU nations still have an inflation rate in double digits. Read Here
Among Member States for which data are available, the largest monthly decreases were registered inIreland (–8.5%), Luxembourg (–5.2%) and Lithuania (–4.0%). The highest increases were observed inDenmark (+13.5%), Portugal (+4.1%) and Hungary (+3.8%) Read HERE
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