Eurozone CPI down to 1.2%

Euro area annual inflation is expected to be 1.2% in February 2018, down from 1.3% in January 2018, according to a flash estimate from Eurostat, the statistical office of the European Union.


Eurozone Current Account recorded surplus of €29.9 billion

The current account of the euro area recorded a surplus of €29.9 billion in December 2017. This reflected surpluses for goods (€30.9 billion), services (€7.3 billion) and primary income (€3.7 billion), which were partly offset by a deficit for secondary income (€12.0 billion). According to the preliminary results for 2017 as a whole, the current account recorded a surplus of €391.4 billion (3.5% of euro area GDP), compared with one of €367.6 billion (3.4% of euro area GDP) in 2016.


Eurozone inflation at 1.4%

Euro area annual inflation was 1.4% in December 2017, down from 1.5% in November. In December 2016, the rate was 1.1%. European Union annual inflation was 1.7% in December 2017, down from 1.8% in November. A year earlier the rate was 1.2%. These figures come from Eurostat, the statistical office of the European Union. The lowest annual rates were registered in Cyprus (-0.4%), Ireland and Finland (both 0.5%) and Denmark (0.8%).


Eurozone Industrial Production increased by 1.0%

In November 2017 compared with October 2017, seasonally adjusted industrial production rose by 1.0% in the euro area (EA19) and by 0.9% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In October 2017, industrial production rose by 0.4% in the euro area and by 0.5% in the EU28. In November 2017 compared with November 2016, industrial production increased by 3.2% in the euro area and by 3.5% in the EU28.


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