Browsing: Eurostat

Eurostat figures highlight rising inflation across the euro area in June, with services and food costs driving gains.

EU greenhouse gas emissions rose by 2.2% in Q4 2024, reaching 897 million tonnes CO2-eq, while GDP increased by 1.5%, according to Eurostat’s latest report.

EU posts €11.1B trade deficit in aluminium for 2024 as imports outpace exports despite volume declines.

Tourism in the EU exceeded 3 billion nights in 2024, marking a 2.2% increase, with Spain, Italy, and France accounting for most stays.

The EU posted a €27.2 billion trade surplus in Q4 2024, its sixth in a row, led by strong exports in chemicals and machinery despite persistent energy deficits.

The euro zone economy stalled in Q4, posting zero growth, missing forecasts. The ECB responded with a rate cut as inflation concerns persist despite weak GDP data.

The EU spent €381.4 billion on R&D in 2023, up 6.7% from 2022, maintaining an R&D intensity of 2.2%, with the business sector leading investment at 66% of total funding.

The EU imported 2.7 million tonnes of coffee from non-EU countries in 2023, valued at €10.6 billion, with Brazil and Vietnam supplying 58% of total imports, according to Eurostat.

Inflation in the euro zone dropped to 2.2% in August, heightening the likelihood of a September ECB rate cut as economic pressures ease.

The EU achieved a €40.4 billion trade surplus in Q2 2024, driven by strong machinery and chemicals sectors, despite significant energy deficits.