Tag: Eurostat

Euro zone unemployment at 8.4% – Eurostat

The results show that almost fourteen million people in the Eurozone are unemployed. The global number of people unemployed in whole of the European Union is estimated at just over sixteen million or 7.6% of the population.

Euro area and EU job vacancy rate both at 1.6%

The data shows that in the euro area, the job vacancy rate in the second quarter of 2020 was 1.3% in industry and construction and 1.7% in services. In the EU, the rate was 1.4% in industry and construction and 1.7% in services.

EU aims to have 30% of its produce from organic farming

Organic farming aims to produce food using natural substances and processes, leading to an agricultural method with limited environmental impact.

EU retail trade up by 5.2% in June

The relaxation of Covid-19 measures across Europe saw retail trade increase by 5.2% in the EU last June, when compared to the previous month.

Arrival of Covid-19 leads Malta to register one of highest deficits...

In a period marked by the arrival of the Covid-19 pandemic, Malta’s government deficit was among the highest in the EU during the first quarter of 2020, Eurostat figures show.

Government welcomes industrial sector’s resilience

Eurostat’s publication of the latest available figures on industrial production across the EU was welcomed by the Maltese government, which cited it as proof of the local sector’s resilience.

Malta registers sharpest drop in house prices across EU

Malta registered the biggest drop in house prices within the EU during the first three months of 2020, bucking what had been a generally upward trend in the 27-nation bloc.

Euro area annual inflation expected to increase – Eurostat

In June 2020, Euro area annual inflation is expected to be 0.3% up from 0.1% in May.

Maltese govt least dependent on foreign creditors within EU

The proportion of Maltese government debt held by overseas creditors is the lowest in the EU, with Eurostat figures showing that Maltese residents’ willingness to purchase government bonds play an important part.

Increased unemployment registered during March 2020

The seasonally adjusted monthly unemployment rate for March 2020 reached 3.5% which means an increase of 0.1 percentage points from the previous month, that is February. This data was published by the National Statistics Office, NSO.