Relevant data The overall tax-to-GDP ratio, i.e. the sum of net taxes and social contributions as a percentage of gross domestic product (GDP), stood at 40.0% in the EU in 2023, down from 40.7% in 2022. In the euro area, the tax-to-GDP ratio also declined from 41.4% in 2022 to 40.6% in 2023. In absolute […]
EUROSTAT publishes EU tax-to-GDP ratio and the euro area will fall in 2023 Read More »
Third quarter 2024. Progress GDP in volume terms. Quarter-on-quarter evolutionGross Domestic Product (GDP), measured in volume terms, increased by 0.8% in the third quarter compared with the previous quarter. This rate was similar to that of the second quarter of 2024. Domestic demand contributed 0.9 points to quarter-on-quarter GDP growth. External demand, on the other
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Octubre 2024 Estimated annual CPI inflation in October 2024 is 1.8%, according to the leading indicator compiled by the INE. This indicator provides an advance in the CPI which, if confirmed, would represent an increase of three tenths of a percentage point in its annual rate, since in September this variation was 1.5%. This evolution
September 2024. Provisional data The General Retail Trade Index at constant prices adjusted for seasonal and calendar effects presented a variation of 4.1% in September with respect to the same month of the previous year. This rate was 1.7 points higher than that recorded in August. The original series of the MCI at constant prices
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Fourth quarter 2024 Business confidence falls by 1.2% in the fourth quarter compared with the third quarter.All five sectors analysed decrease in confidence with respect to the previous quarter. Industry (-3.0%) presented the greatest decrease. Trade (-0.4%) recorded the smallest decline. By employee bracket, the five ranges analysed decreased in confidence as compared with the
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Eurostat reports a reduction in Eurozone inflation, marking the lowest rate of the year, driven by a decline in energy prices. Eurostat, the statistical office of the European Union, estimates that the annual inflation rate in the Eurozone reached 1.8% in September 2024, reflecting a decrease from the 2.2% recorded in August. This drop highlights
Annual Inflation in the Eurozone Drops to 1.8% in September 2024 Read More »
Despite declines in key countries, overall housing prices in the EU rise in the first quarter of 2024, led by significant growth in Poland, Bulgaria, and Lithuania. In the first quarter of 2024, housing prices in the eurozone saw a slight decrease of 0.4%, while the European Union as a whole experienced a 1.3% increase
Housing Prices in the Eurozone Drop by 0.4% While the EU Sees a 1.3% Increase Read More »
In 2023, EU exports of recyclable materials grew by 34%, while imports fell by 19%, with India, Turkey, and the UK as key trade partners. In 2023, the European Union saw a remarkable growth in its exports of recyclable products, reaching 8.5 million tonnes. This represented a 34% increase compared to the 6.4 million tonnes
Significant Increase in EU Recyclable Exports in 2023 Read More »
Annual CPI falls to 1.5% in September, while core inflation falls to 2.4%. In September, the annual rate of the Consumer Price Index (CPI) fell to 1.5%, the lowest since March 2021 and eight tenths of a percentage point lower than in August. The groups that contributed most to this decline were: Transport: with a
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The number of mercantile companies created increased by 3.9% in August with respect to the same month in 2023.The number of dissolved companies increased by 0.9% compared to the same month in 2023. In August, 6,874 mercantile companies were created, 3.9% more than in the same month of 2023. The capital subscribed for their incorporation
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