Search Results for: Sweden
Impact of COVID-19 on household consumption and savings
November 11th, 2020
In the second quarter of 2020, the EU household saving rate recorded its highest year-over-year increase since the time series began at +10.8 percentage points (pp). The main reason behind this was a marked 17.3% year-on-year decline in household ...
Deliveries of oil products resuming slowly
October 22nd, 2020
EU countries gradually and partially lifted Covid-19 containment measures between May and August. As restrictions on air traffic and the movement of people relaxed, the use of common transport fuels started resuming from the low levels registered in March ...
EU expecting COVID-19 dent in 2020 VAT collections
September 30th, 2020
The European Commission has published its latest VAT gap report, which show that EU countries lost an estimated EUR140bn (USD165.7bn) in VAT revenues in 2018, down EUR1bn in nominal terms on the year prior. The “VAT gap” measures the ...
Unemployment rate in Euro area increased
September 3rd, 2020
In July 2020, a month marked by some relaxation of COVID-19 containment measures in many Member States, the euro area seasonally-adjusted unemployment rate was 7.9%, up from 7.7% in June 2020. The EU unemployment rate was 7.2% in July ...
Annual inflation up to 0.4% in the euro area; The highest and lowest annual rates
August 26th, 2020
In July 2020, a month in which COVID-19 containment measures continued to be lifted, the euro area annual inflation rate was 0.4% in July 2020, up from 0.3% in June. A year earlier, the rate was 1.0%. European Union ...
29% of Europeans can’t afford a week’s holiday
July 29th, 2020
In 2019, 29% of residents of EU Member States aged 16 or over were unable to afford paying for an annual one-week holiday away from home. This share has gradually decreased since 2010, when 39% of Europeans could not ...
European stocks advanced on Monday; The biggest mover in European indices
June 1st, 2020
European stocks advanced on Monday as lockdown measures ease across the continent, while protests continue throughout the U.S. following the police killing of George Floyd, an unarmed black man, last week. London’s FTSE 100 added 1.4% in early trade ...
Hourly labour costs ranged from €6.0 to €44.7 across the EU Member States in 2019
March 31st, 2020
In 2019, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be €27.7 in the European Union of 27 Member States (EU) and €31.4 in the euro area. However, the average masks ...
Tax revenues have reached a plateau
December 30th, 2019
Tax revenues in advanced economies reached a plateau during 2018, with almost no change seen since 2017, according to new OECD research. This ends the trend of annual increases in the tax-to-GDP ratio seen since the financial crisis. The ...
Household expenditure by consumption purpose in the EU
December 5th, 2019
In 2018, households in the European Union (EU) spent almost €2 100 bn (equivalent to 13.0% of EU GDP) on ‘Housing, water, electricity, gas and other fuels’. This represents 24.0% of their total consumption expenditure and is by far ...
