Showing posts with label eurozone. Show all posts
Showing posts with label eurozone. Show all posts
Friday, 30 April 2010
MUICP Is 1.5% For April 2010
Euro area inflation is expected to be 1.5% in April from 1.4% in March according to Eurostat, the statistical office of the European Union. Euro inflation is measured by the Monetary Union Index of Consumer Prices (MUICP).
Business Investment Down In Euro And EU27 Areas
The gross investment rate of non-financial corporations in the EU27 zone was 20.3% in Q4 2009 from 20.6% in Q3 according to Eurostat. In the eurozone the rate was 20.4% in Q4 from 20.7% in the previous quarter. The gross investment rate of non-financial corporations in the eurozone fell as gross fixed capital formation fell 0.9% and value added grew 0.6%. Eurozone stocks of materials, supplies and finished goods continued to decrease for the fourth quarter in a row.
The business profit share of non-financial corporations in EU27 was 37.1% in Q4 2009 from 36.9% in 2008. The eurozone profit share was 37.9% from 37.5% in Q3 2009. The eurozone profit share of non-financial corporations increased as value added grew 0.6%. Wage costs plus taxes minus subsidies on production was unchanged.
The business profit share of non-financial corporations in EU27 was 37.1% in Q4 2009 from 36.9% in 2008. The eurozone profit share was 37.9% from 37.5% in Q3 2009. The eurozone profit share of non-financial corporations increased as value added grew 0.6%. Wage costs plus taxes minus subsidies on production was unchanged.
Wednesday, 14 October 2009
OECD Survey Indicates Recovery
The OECD report that all major economies are pointing to recovery with France and Italy even pointing to potential expansion. The signs of potential expansion should be treated with care.
The OECD area leading indicator increased by 1.5% in August 2009 and was 0.6% higher than August 2008. The three main economies, the US, the 'eurozone', and Japan all reported increases in their indicators for August. The US increased by 1.6%, the euro area by 1.7% and Japan by 1.3%. Compared to last year however the US was 1.6% down, Japan was 3.9% down, but the euro area was 4.1% up. The UK increased by 1.6% in August and by 1.7% on last year. France increased by 1.3% in August and 6.6% on last year and Italy by 2% in August and 10.4% higher than last year. Germany increased by 2.4% in August and by 2.1% on last year.
The major emerging economies also increased in August. China increased by 1.5% and India by 0.9%. India was also 0.1% higher than last year whereas China was 0.7% lower. Russia increased by 1.1%, 10.2% down on last year. Brazil increased by 0.4% but was 8.5% lower than last year.
The OECD indicators are constructed from data that have similar fluctuations to the business cycle but precede it. Whereas the business cycle uses GDP data, the OECD use indices of industrial production.
The OECD area leading indicator increased by 1.5% in August 2009 and was 0.6% higher than August 2008. The three main economies, the US, the 'eurozone', and Japan all reported increases in their indicators for August. The US increased by 1.6%, the euro area by 1.7% and Japan by 1.3%. Compared to last year however the US was 1.6% down, Japan was 3.9% down, but the euro area was 4.1% up. The UK increased by 1.6% in August and by 1.7% on last year. France increased by 1.3% in August and 6.6% on last year and Italy by 2% in August and 10.4% higher than last year. Germany increased by 2.4% in August and by 2.1% on last year.
The major emerging economies also increased in August. China increased by 1.5% and India by 0.9%. India was also 0.1% higher than last year whereas China was 0.7% lower. Russia increased by 1.1%, 10.2% down on last year. Brazil increased by 0.4% but was 8.5% lower than last year.
The OECD indicators are constructed from data that have similar fluctuations to the business cycle but precede it. Whereas the business cycle uses GDP data, the OECD use indices of industrial production.
Subscribe to:
Posts (Atom)