Economy

Employment rate up, labour market slack down in Q3 2024

Employment rate up, labour market slack down in Q3 2024

In the third quarter of 2024, the employment rate of people aged 20-64 in the EU stood at 75.9%, an increase of 0.1 percentage points (pp) compared with the second quarter of 2024. Labour market slack - encompassing those with unmet ...

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Germany tops EU foreign ultimate investment partner

Germany tops EU foreign ultimate investment partner

In 2023, for the 11 EU countries that report inward foreign direct investment (FDI) positions by ultimate investing economy, the total value of investment amounted to €3 263 billion, up from €3 241 billion in 2022. Germany replaced the ...

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Total market production decreased in September 2024

Total market production decreased in September 2024

In September 2024, the total market production decreased by 0.6% in the EU and by 0.7% in the euro area compared with the previous month. The total market production index (TMPI) is a composite indicator that combines 4 short-term ...

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Large businesses make up only 0.2% of EU enterprises

Large businesses make up only 0.2% of EU enterprises

In 2023, the EU had around 33 million enterprises, employing 163 million persons. Those enterprises registered a net turnover of over €38 trillion. Large enterprises (more than 249 persons employed) represented only 0.2% of the total ...

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EU stocks outside EU amounted €9 160 billion in 2023

EU stocks outside EU amounted €9 160 billion in 2023

Net foreign direct investment (FDI) stocks held in non-EU countries by investors resident in the EU amounted to €9 160 billion in 2023, reflecting a 4.1% decrease from 2022 (€9 551 billion). A similar trend was visible in investment ...

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Household spending steady in 2023

Household spending steady in 2023

In 2023, household final consumption expenditure, corrected for inflation, in the EU rose slightly by 0.5%. For comparison, it was 5.7% higher in 2022 than in 2021 when restrictions due to COVID-19 were still in place. Last year, ...

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