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Euro area job vacancy rate at 3.1% and EU rate at...

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In the fourth quarter of 2022, the job vacancy rate was 3.1% in the euro area, stable from the previous quarter and up from...

Inflation in the euro area decreased to 8.5% annually

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The euro area annual inflation rate was 8.5% in February 2023, down from 8.6% in January. A year earlier, the rate was 5.9%. European...

European Central Bank Increases Interest Rates to a New 14-Year High

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As anticipated, the ECB increased interest rates by 50 basis points on Thursday in an effort to slow the persistently high inflation in the...

Since 2013, the major electricity and gas producers in the European...

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The market shares of the largest electricity and gas producers in the EU have been decreasing in most countries since 2013 when Eurostat started collecting this...

Annual inflation more than tripled in the EU in 2022

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In 2022, EU annual inflation reached the highest level ever measured at 9.2%. Compared with 2021, when the annual value was 2.9%, it more than tripled. The annual average...

Egg prices in the EU increase by 30% over one year

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Food prices have increased substantially over 2022. One of the food products with the highest price increase is eggs. Data for January 2023 show that...

Volume of retail trade up by 0.3% in both the euro...

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In January 2023, the seasonally adjusted volume of retail trade increased by 0.3% in both the euro area and the EU, compared with December...

EU trade with Russia continues to decline

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EU trade with Russia has been strongly affected following Russia's invasion of Ukraine, with the EU imposing import and export restrictions on several products. The...

Annual inflation down to 8.6% in the euro area and down...

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The euro area annual inflation rate was 8.6% in January 2023, down from 9.2% in December. A year earlier, the rate was 5.1%. European...

EU consumption of natural gas decreased by 19.3% in the period...

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The EU consumption of natural gas has dropped by 19.3% in the period August 2022-January 2023, compared with the average gas consumption for the same months...