EUROPEAN COMMISSION DAILY NEWS – 17 MARCH

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EUROPEAN COMMISSION DAILY NEWS - 17 MARCH
17 Mar 2015

EUROPEAN COMMISSION DAILY NEWS – 17 MARCH

Brussels Daily

EUROSTAT: February 2015; Annual inflation up to -0.3% in the euro area; Up to -0.2% in the EU

Euro area annual inflation was -0.3% in February 2015, up from -0.6% in January. In February 2014 the rate was 0.7%. European Union annual inflation was -0.2% in February 2015, up from -0.5% in January. A year earlier the rate was 0.8%. In February 2015, negative annual rates were observed in twenty Member States. The lowest annual rates were registered in Greece (-1.9%), Bulgaria (-1.7%) and Lithuania (-1.5%). Positive annual rates were recorded in Sweden (0.7%), Malta (0.6%), Austria (0.5%), Romania (0.4%) and Italy (0.1%). Compared with January 2015, annual inflation fell in six Member States, remained stable in four and rose in seventeen. The largest upward impacts to euro area annual inflation came from restaurants & cafés (+0.12 percentage points), rents (+0.11 pp) and tobacco (+0.07 pp), while fuels for transport (-0.64 pp), heating oil (-0.19 pp) and telecommunications (-0.06 pp) had the biggest downward impacts. Read EUROSTAT press release.

EUROSTAT: Fourth quarter of 2014 compared with third quarter of 2014; Employment up by 0.1% in euro area and by 0.2% in EU28; +0.9% and +1.0% respectively compared with the fourth quarter of 2013

The number of persons employed increased by 0.1% in the euro area (EA18) and by 0.2% in the EU28 in the fourth quarter of 2014 compared with the previous quarter, according to national accounts estimates published by Eurostat, the statistical office of the European Union. In the third quarter of 2014, employment increased by 0.2% in the euro area and 0.3% in the EU28. These figures are seasonally adjusted. Compared with the same quarter of the previous year, employment increased by 0.9% in the euro area and by 1.0% in the EU28 in the fourth quarter of 2014 (after +0.7% and +0.9% respectively in the third quarter of 2014). Eurostat estimates that, in the fourth quarter of 2014, 226.7 million men and women were employed in the EU28, of which 148.6 million were in the euro area. These figures are seasonally adjusted. These quarterly data on employment provide a picture of labour input consistent with the output and income measure of national accounts. Read EUROSTAT press release. 

 

Read full edition:  Daily News 17 – 03 – 2015

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