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Europe Economy Archive: 
Euro Retail Sales Rise 0.4% in January
Mar 05, 12:51 PM EST
In January 2008, compared with January 2007, the retail sales index decreased by 0.1% in the euro area, but rose by 1.8% in the EU27.
In January 2008, compared with December 2007, the volume of retail trade grew by 0.4% in the euro area EA15 and by 0.6% in the EU27. In December 20073 retail trade fell by 0.1% and 0.2% respectively.
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German Exports Rise
Mar 04, 3:19 PM EST
Total imports showed a smaller rise than total exports, so the balance of trade surplus grew to ˆ196.5 billion vs. ˆ159 billion in 2006.
As reported by the Federal Statistical Office, in 2007 German exports to the member states of the European Union rose 11.1% against 2006 to EUR 627.5 billion and thus saw a much stronger increase than exports to third countries, whose rise by 4.1% to EUR 341.5 billion was far below average in 2007.
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European Inflation Remains 3.2% in February
Mar 03, 2:42 PM EST
It was 3.2% in January.
Euro area annual inflation is expected to be 3.2% in February 2008 according to a flash estimate issued by Eurostat, the Statistical Office of the European Communities.
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Industrial Producer Prices up 0.8% in Euro Area
Mar 04, 11:51 AM EST
Capital goods rose by 1.3% in the euro area and by 1.4% in the EU27.
In January 2008 compared with December 2007, the industrial producer price index rose by 0.8% in the euro area EA15 and by 1.0% in the EU27. In December prices increased by 0.1% and 0.3% respectively. In January 2008 compared with January 2007, industrial producer prices gained 4.9% in the euro area and 5.8% in the EU27.
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Euro area GDP Rises 0.4% in Q4
Mar 04, 11:23 AM EST
In Japan GDP grew by 0.9% in the fourth quarter, after +0.3% in the previous quarter.
Euro area EA13 GDP grew by 0.4% and EU27 GDP by 0.5% in the fourth quarter of 2007, compared with the previous quarter, according to first estimates released by Eurostat, the Statistical Office of the European Communities. In the third quarter of 2007, growth rates were +0.7% in the euro area and +0.8% in the EU27.
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Euro Area Unemployment Stays Stable at 7.1%
Feb 29, 11:06 AM EST
In January 2008, the unemployment rate for under-25s was 14.2% in the euro area and 14.7% in the EU27.
The euro area EA15 seasonally-adjusted unemployment rate stood at 7.1% in January 2008, unchanged compared with December 2007. It was 7.7% in January 2007. The EU27 unemployment rate was 6.8% in January 2008, the same as in December 20073. It was 7.5% in January 2007.
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Euro Area Annual Inflation Rises 3.2% in January
Feb 29, 10:48 AM EST
Monthly inflation was -0.2% in January 2008.
Euro area annual inflation was 3.2% in January 2008, up from 3.1% in December 2007. A year earlier the rate was 1.8%. Monthly inflation was -0.4% in January 2008. EU annual inflation was 3.4% in January 2008, up from 3.2% in December 2007. A year earlier the rate was 2.1%.
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German Retail Sales Rise 1.6% in January
Feb 29, 10:28 AM EST
Federal Statistical Office said turnover in retail trade was in nominal terms 2.7% and in real terms 0.6% larger in January 2008 than a year ago.
The January turnover was in nominal terms 1.9% and in real terms 1.6% larger than that of the preceding month. The current sample of new enterprises is based on the total of retail enterprises which were newly established in 2005. The sample includes 1,684 enterprises, which is about 6% of the size of the current retail trade sample.
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German CPI Falls 0.4% in January
Feb 29, 9:09 AM EST
Food prices rose an average 7.7% from January 2007 to January 2008.
As reported by the Federal Statistical Office, the consumer price index for Germany rose 2.8% between January 2007 and January 2008. The estimate of 31 January 2008 was thus slightly revised upwards. Compared with December 2007, the index was down 0.4%.
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UK CPI Advances 2.1% in October
Nov 13, 4:06 PM EST
Over the same period, the all items RPI excluding mortgage interest payments index rose by 3.1%, up from 2.8% in September.
In the year to October, the consumer prices index rose by 2.1%, up from 1.8% in September. In the year to October, the all items retail prices index rose by 4.2%, up from 3.9% in September.
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