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EU27 current account deficit 26.5 bn euro

Added Wed, 23 Jul 2008 11:00:00 +0100
According to the latest revisions, the EU27 external current account recorded a deficit of 26.5 billion euro in the first quarter of 2008, compared with a deficit of 30.4 bn in the first quarter of 2007 and a deficit of 7.3 bn in the fourth quarter of 2007.

Industrial new orders down by 3.5% in euro area

Added Wed, 23 Jul 2008 11:00:00 +0100
In May 2008 compared with April 2008, the euro area (EA15) industrial new orders index fell by 3.5%. In April the index rose by 2.0%. In the EU27 new orders decreased by 4.7% in May 2008 after growing by 3.6% in April. Excluding ships, railway & aerospace equipment industrial new orders declined by 2.5% in the euro area and by 2.4% in the EU27.

Employment rate in the EU27 rose to 65.4% in 2007

Added Tue, 22 Jul 2008 11:00:00 +0100
In 2007, 218.5 million resident persons in the EU27 aged 15 years or more had a job or a business activity. The total employment rate for people aged 15-64 was 65.4% in 2007, compared with 62.1% in 2000 and 64.5% in 2006. The employment rate for women was 58.3% in 2007, up from 53.6% in 2000 and 57.3% in 2006, and the rate for older people, i.e. those aged 55-64, was 44.7%, also up from 36.8% in 2000 and 43.5% in 2006.

Euro area external trade deficit 4.6 bn euro

Added Fri, 18 Jul 2008 11:00:00 +0100
The first estimate for the euro area (EA15) trade balance with the rest of the world in May 2008 gave a 4.6 bn euro deficit, compared with +1.4 bn in May 2007. The April 20082 balance was +2.5 bn, compared with +2.0 bn in April 2007. In May 2008 compared with April 2008, seasonally adjusted exports fell by 3.4% and imports by 1.3%.

Construction output up by 0.2% in the euro area

Added Thu, 17 Jul 2008 11:00:00 +0100
In the construction sector, seasonally adjusted production increased by 0.2% in the euro area (EA15) and by 0.3% in the EU27 in May 2008, compared to the previous month. In April, production decreased by 0.6% and 0.5% respectively.

Euro area annual inflation up to 4.0%

Added Wed, 16 Jul 2008 11:00:00 +0100
Euro area annual inflation was 4.0% in June 2008, up from 3.7% in May. A year earlier the rate was 1.9%. Monthly inflation was 0.4% in June 2008.

Industrial production down by 1.9% in euro area

Added Mon, 14 Jul 2008 11:00:00 +0100
In May 2008 compared with April 2008, seasonally adjusted industrial production fell by 1.9% in the euro area (EA15) and by 1.4% in the EU27. In April production grew by 1.0% and 0.3% respectively.

Nearly 40% of all trips of four nights or more are made abroad

Added Fri, 11 Jul 2008 11:00:00 +0100
EU27 inhabitants made 438 million trips of four nights or more in 2006. Of those trips, 61% were domestic (made within the country) and 39% outbound (made in other countries). Among the Member States for which these data are available, there was a preference for domestic trips in twelve Member States and outbound in twelve. Over three quarters of trips made by the population in Greece (89%), Romania (88%), Spain (86%), France (83%), Poland (81%), Portugal (79%) and Italy (75%) were domestic trips. On the other hand, over 70% of all trips were outbound trips in Luxembourg (99%), Belgium (81%), Ireland (77%) and Slovenia (72%)

EU27 energy dependence rate at 54% in 2006

Added Thu, 10 Jul 2008 11:00:00 +0100
In the EU27, gross inland energy consumption was 1 825 million tonnes of oil equivalent (toe) in 2006, stable compared with 2005, while energy production decreased by 2.3% to 871 mn toe. As a result, net imports increased by 2.4% in 2006 and the energy dependence rate rose to 54% from 53% in 2005.

Short-term business statistics - focus on employment - Issue number 70/2008

Added Fri, 18 Jul 2008 02:37:00 +0100
Over the last ten years while employment fell in industry, it was relatively stable in transport and communications, while construction and the other non-financial service activities recorded growth. The publication shows more detailed analysis of employment in relation with the output in the main economic sectors.

EU-15 Foreign Direct Investment in the new Member States - Issue number 71/2008

Added Fri, 11 Jul 2008 11:54:00 +0100
This document presents data on Foreign Direct Investment (FDI) from the EU-15 Member States to the 12 new Member States. It covers the period 2002-2006 and contains an analysis and trends of the EU-15 outward flows and stocks in the new Member States. In 2006, the EU-15 invested EUR 37.2 bn in the new Member States, which was EUR 0.3 bn less than the year before, but still high when compared with 2004 (EUR 19.1 bn).

Tourism in Europe: does age matter? - Issue number 69/2008

Added Fri, 11 Jul 2008 11:00:00 +0100
This publication focuses on selective aspects of the travel behaviour of residents from the EU Member States in 2006. In so doing it mainly deals with differences, if any, in the travel behaviour of four different age groups, that is tourists aged 15 to 24 years, 25 to 44 years, 45 to 64 years and older than 64 years. It appears that while on average 55% of the population makes at least one holiday trip of four nights or more during the year, this is only the case for 41% of the population aged 65 years and above. While people aged 25 to 44 years make up the largest share of the total number of tourists, with 38%, persons aged 65 years and older have the smallest share in the number of tourists, with only 15%. However, it can be assumed, given the prevailing tendency of an aging population, that this age pattern will change within the coming decades. On the other hand, regarding all persons participating in tourism, the oldest tourists (aged 65 years and over) make on average the most and the longest trips of all age groups, doing on average 2.1 trips per year and spending 11.7 nights away on each of these trips. Of all holiday trips made in 2006, more than 6 out of 10 holiday trips were spent within the own country, while for the oldest age group even more than 7 out of 10 trips were domestic trips. Consequently, this tendency is also reflected in all four age groups, meaning that in 2006 European tourists of every age group made more trips within their country of residence than to a foreign country.