http://www.tradingeconomics.com/RSS Feed60http://www.tradingeconomics.com/euro-area/current-accountThe Euro Area reported a current account surplus equivalent to 7543 Million EUR in March of 2012. Historically, from 1999 until 2012, Euro Area Current Account averaged -1338.4700 Million EUR reaching an all time high of 21640.0000 Million EUR in December of 2011 and a record low of -27801.0000 Million EUR in January of 2008. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for Euro Area Current Account.European Central BankWed, 23 May 2012 19:43:00 GMThttp://www.tradingeconomics.com/euro-area/exportsEuro Area exports (non seasonally adjusted data) were worth 165 Billion EUR in March of 2012. Historically, from 1999 until 2012, Euro Area Exports averaged 105752.3300 Million EUR reaching an all time high of 164900.0000 Million EUR in March of 2012 and a record low of 53099.5000 Million EUR in January of 1999. The Euro Area refers to a currency union among the seventeen European Union member states that have adopted the euro as their sole official currency. Euro Area main exports partners are United Kingdom, United States, China, Switzerland and Turkey. The biggest exporters within the Euro Area are Germany, France, Italy and Netherlands. This page includes a chart with historical data for Euro Area Exports.EurostatThu, 17 May 2012 17:56:00 GMThttp://www.tradingeconomics.com/euro-area/balance-of-tradeThe Euro Area reported a trade surplus (non seasonally adjusted data) equivalent to 8600 Million EUR in March of 2012. Historically, from 1999 until 2012, Euro Area Balance of Trade averaged 270.0100 Million EUR reaching an all time high of 13637.3000 Million EUR in July of 2002 and a record low of -16523.0000 Million EUR in January of 2011. The Euro Area refers to a currency union among the seventeen European Union member states that have adopted the euro as their sole official currency. Euro Area main trading partners are United Kingdom, United States, China, Russia and Switzerland. This page includes a chart with historical data for Euro Area Balance of Trade.EurostatWed, 16 May 2012 15:06:00 GMThttp://www.tradingeconomics.com/euro-area/importsEuro Area imports (non seasonally adjusted data) were worth 156.3 Billion EUR in March of 2012. Historically, from 1999 until 2012, Euro Area Imports averaged 104669.0800 Million EUR reaching an all time high of 156451.3000 Million EUR in March of 2011 and a record low of 55613.2000 Million EUR in January of 1999. The Euro Area refers to a currency union among the seventeen European Union member states that have adopted the euro as their sole official currency. Euro Area main imports partners are China, United Kingdom, United States, Russia and Japan. This page includes a chart with historical data for Euro Area Imports.EurostatWed, 16 May 2012 15:05:00 GMThttp://www.tradingeconomics.com/euro-area/gdp-growthThe Gross Domestic Product (GDP) in the Euro Area contracted 0.00 percent in the first quarter of 2012 over the previous quarter. Historically, from 1995 until 2012, Euro Area GDP Growth Rate averaged 0.3900 Percent reaching an all time high of 1.3000 Percent in June of 1997 and a record low of -2.5000 Percent in March of 2009. The Gross Domestic Product (GDP) growth rate provides an aggregated measure of changes in value of the goods and services produced by an economy. The Euro Area (Eurozone) refers to a monetary union among the European Union member states that have adopted the euro as their sole official currency. It currently consists of Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain. The Euro Area overall economy is the second largest, after the U.S. This page includes a chart with historical data for Euro Area GDP Growth Rate.EurostatTue, 15 May 2012 10:21:00 GMThttp://www.tradingeconomics.com/euro-area/gdp-growth-annualThe Gross Domestic Product (GDP) in the Euro Area contracted 0.00 percent in the first quarter of 2012 over the same quarter of the previous year. Historically, from 1995 until 2012, Euro Area GDP Annual Growth Rate averaged 1.8000 Percent reaching an all time high of 5.0000 Percent in March of 1995 and a record low of -5.2000 Percent in March of 2009. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for Euro Area GDP Annual Growth Rate.EurostatTue, 15 May 2012 10:21:00 GMThttp://www.tradingeconomics.com/euro-area/industrial-productionIndustrial Production in the Euro Area decreased 2.20 percent in March of 2012. Historically, from 1991 until 2012, Euro Area Industrial Production averaged 1.0600 Percent reaching an all time high of 9.8000 Percent in May of 2010 and a record low of -21.4000 Percent in April of 2009. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. This page includes a chart with historical data for Euro Area Industrial Production.EurostatMon, 14 May 2012 12:47:00 GMThttp://www.tradingeconomics.com/euro-area/government-debt-to-gdpEuro Area recorded a Government Debt to GDP of 87.20 percent of the country's Gross Domestic Product in 2011. Historically, from 1999 until 2011, Euro Area Government Debt To GDP averaged 72.4800 Percent reaching an all time high of 87.2000 Percent in December of 2011 and a record low of 66.2000 Percent in December of 2007. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Euro Area Government Debt To GDP.EurostatFri, 04 May 2012 14:03:00 GMThttp://www.tradingeconomics.com/euro-area/government-budgetEuro Area reported a Government Budget deficit equal to 4.10 percent of the country's Gross Domestic Product in 2011. Historically, from 1995 until 2011, Euro Area Government Budget averaged -2.9100 Percent of GDP reaching an all time high of 0.0000 Percent of GDP in December of 2000 and a record low of -6.4000 Percent of GDP in December of 2009. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Euro Area Government Budget.EurostatFri, 04 May 2012 14:01:00 GMThttp://www.tradingeconomics.com/euro-area/retail-salesRetail Sales in the Euro Area increased 0.30 percent in March of 2012 over the previous month. Historically, from 1995 until 2012, Euro Area Retail Sales averaged 0.0900 Percent reaching an all time high of 1.8000 Percent in January of 1998 and a record low of -1.6000 Percent in January of 2002. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Euro Area Retail Sales.EurostatFri, 04 May 2012 13:59:00 GMThttp://www.tradingeconomics.com/euro-area/retail-sales-annualRetail Sales in the Euro Area decreased 0.20 percent in March of 2012 over the same month in the previous year. Historically, from 1996 until 2012, Euro Area Annual Retail Sales averaged 1.1200 Percent reaching an all time high of 5.0000 Percent in November of 1998 and a record low of -5.1000 Percent in February of 2009. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Euro Area Annual Retail Sales.EurostatFri, 04 May 2012 13:58:00 GMThttp://www.tradingeconomics.com/euro-area/interest-rateThe benchmark interest rate in the Euro Area was last reported at 1.00 percent. Historically, from 1998 until 2012, Euro Area Interest Rate averaged 2.6900 Percent reaching an all time high of 4.7500 Percent in October of 2000 and a record low of 1.0000 Percent in September of 2010. In the Euro Area, interest rate decisions are taken by the Governing Council of the European Central Bank. The primary objective of the ECB’s monetary policy is to maintain price stability. The ECB’s Governing Council has defined price stability as "a year-on-year increase in the Harmonised Index of Consumer Prices (HICP) for The Euro Area of below 2%. The European Central Bank is the sole issuer of banknotes and bank reserves. That means it has the monopoly supplier of the monetary base. By virtue of this monopoly, it can set the conditions at which banks borrow from the central bank. Therefore it can also influence the conditions at which banks trade with each other in the money market. in the short run, a change in money market interest rates induced by the central bank sets in motion a number of mechanisms and actions by economic agents. Ultimately the change will influence developments in economic variables such as output or prices. This page includes a chart with historical data for Euro Area Interest Rate.European Central BankThu, 03 May 2012 14:01:00 GMThttp://www.tradingeconomics.com/euro-area/unemployment-rateThe unemployment rate in the Euro Area was last reported at 10.8 percent in February of 2012. Historically, from 1995 until 2012, Euro Area Unemployment Rate averaged 9.1700 Percent reaching an all time high of 10.9000 Percent in March of 2012 and a record low of 7.2000 Percent in February of 2008. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Euro Area Unemployment Rate.EurostatWed, 02 May 2012 10:27:00 GMThttp://www.tradingeconomics.com/euro-area/inflation-cpiThe inflation rate in the Euro Area was recorded at 2.60 percent in April of 2012. Historically, from 1991 until 2012, Euro Area Inflation Rate averaged 2.2600 Percent reaching an all time high of 5.0000 Percent in July of 1991 and a record low of -0.7000 Percent in July of 2009. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for Euro Area Inflation Rate.EurostatMon, 30 Apr 2012 18:17:00 GMThttp://www.tradingeconomics.com/euro-area/business-confidenceIn the Euro Area, business confidence declined to -0.52 in April of 2012 from -0.28 in March of 2012. Historically, from 1985 until 2012, Euro Area Business Confidence averaged 0.0000 reaching an all time high of 1.4500 in May of 2000 and a record low of -3.8600 in March of 2009. In the Euro Area, the The Business Climate Indicator (BCI) is calculated in order to receive a timely composite indicator for the manufacturing sector. The indicator uses, as input series, five balances of opinion from the industry survey: production trends in recent months, order books, export order books, stocks and production expectations. The sample of the industry survey includes more than 38,000 companies that are surveyed every month. This page includes a chart with historical data for Euro Area Business Confidence.European CommissionThu, 26 Apr 2012 13:45:00 GMThttp://www.tradingeconomics.com/euro-area/consumer-confidenceIn the Euro Area, consumer confidence declined to -19.9 in April of 2012 from -19.1 in March of 2012. Historically, from 1985 until 2012, Euro Area Consumer Confidence averaged -12.1900 reaching an all time high of 2.7000 in May of 2000 and a record low of -34.2000 in March of 2009. In the Euro Area, the consumer component of the Economic Sentiment Indicator measures the level of optimism that consumers have about the performance of the economy. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page includes a chart with historical data for Euro Area Consumer Confidence.European CommissionThu, 26 Apr 2012 10:06:00 GMThttp://www.tradingeconomics.com/euro-area/gdp-per-capitaThe Gross Domestic Product per capita in the Euro Area was last reported at 21096.43 US dollars in 2010, according to a report published by the World Bank. The GDP per Capita in the Euro Area is equivalent to 170 percent of the world's average. Historically, from 1960 until 2010, Euro Area GDP per capita averaged 14628.6800 USD reaching an all time high of 21808.8100 USD in December of 2007 and a record low of 6264.2000 USD in December of 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Euro Area GDP per capita.World BankWed, 04 Jan 2012 19:04:00 GMThttp://www.tradingeconomics.com/euro-area/gdp-per-capita-pppThe Gross Domestic Product per capita in the Euro Area was last reported at 34160.05 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in the Euro Area, when adjusted by Purchasing Power Parity is equivalent to 155 percent of the world's average. Historically, from 1980 until 2010, Euro Area GDP per capita PPP averaged 20888.0000 USD reaching an all time high of 34708.4900 USD in December of 2008 and a record low of 8950.5400 USD in December of 1980. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Euro Area GDP per capita PPP.World BankWed, 04 Jan 2012 19:02:00 GMThttp://www.tradingeconomics.com/euro-area/population Historically, from 1960 until 2010, Euro Area Population averaged 295.4900 Million reaching an all time high of 329.5800 Million in December of 2010 and a record low of 258.1400 Million in December of 1960. The total population in the Euro Area was last reported at 329.6 million people in 2010 from 258.1 million in 1960, changing 28 percent during the last 50 years. The Euro Area has 4.78 percent of the world´s total population which means that one person in every 21 people on the planet is a resident of the Euro Area. This page includes a chart with historical data for the Euro Area's Total Population. This page includes a chart with historical data for Euro Area Population.World BankFri, 28 Oct 2011 13:56:00 GMThttp://www.tradingeconomics.com/euro-area/gdpThe Gross Domestic Product (GDP) in the Euro Area was worth 12455.98 billion US dollars in 2009, according to a report published by the World Bank. The GDP value of Euro Area is roughly equivalent to 20.09 percent of the world economy. Historically, from 1960 until 2009, Euro Area GDP averaged 4228.7700 billion USD reaching an all time high of 13581.6300 billion USD in December of 2008 and a record low of 245.6200 billion USD in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page includes a chart with historical data for Euro Area GDP.The World Bank GroupFri, 28 Oct 2011 13:56:00 GMT