Core Consumer Prices in European Union increased to 105.44 points in March from 104.42 points in February of 2020. Core Consumer Prices in European Union averaged 90.25 points from 1996 until 2020, reaching an all time high of 105.44 points in March of 2020 and a record low of 74.69 points in January of 1996. This page provides - European Union Core Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in European Union was recorded at 1.20 percent in March of 2020. Inflation Rate in European Union averaged 2.41 percent from 1997 until 2020, reaching an all time high of 8.40 percent in November of 1997 and a record low of -0.50 percent in January of 2015. This page provides the latest reported value for - European Union Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

European Union recorded a Government Budget deficit equal to 0.80 percent of the country's Gross Domestic Product in 2019. Government Budget in European Union averaged -2.80 percent of GDP from 1995 until 2019, reaching an all time high of -0.70 percent of GDP in 2000 and a record low of -6.90 percent of GDP in 1995. This page provides - European Union Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

European Union recorded a government debt equivalent to 79.30 percent of the country's Gross Domestic Product in 2019. Government Debt To GDP in European Union averaged 72.45 percent from 2000 until 2019, reaching an all time high of 87 percent in 2014 and a record low of 58.10 percent in 2007. This page provides - European Union Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Confidence in European Union remained unchanged at -10.40 points in April from -10.40 points in March of 2020. Consumer Confidence in European Union averaged -9.59 points from 1985 until 2020, reaching an all time high of -1.50 points in May of 2000 and a record low of -23 points in March of 2009. This page provides the latest reported value for - European Union Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in European Union contracted 3.50 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in European Union averaged 0.40 percent from 1995 until 2020, reaching an all time high of 1.30 percent in the third quarter of 1999 and a record low of -3.50 percent in the first quarter of 2020. Since July 1, 2013, with the addition of Croatia, the EU has 28 Member States. Among them, the biggest economies are Germany (21 percent of total GDP); the United Kingdom (15 percent); France (15 percent); Italy (11 percent); and Spain (8 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 56 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (20 percent). Exports of goods and services account for 46 percent of GDP while imports account for 42 percent, adding 4 percent of total GDP. This page provides the latest reported value for - European Union GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in European Union contracted 2.70 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in European Union averaged 1.73 percent from 1996 until 2020, reaching an all time high of 4.60 percent in the second quarter of 2000 and a record low of -5.50 percent in the first quarter of 2009. Among EU Member States, the biggest economies are Germany (21 percent of total GDP); the United Kingdom (15 percent); France (15 percent); Italy (11 percent); and Spain (8 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 56 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (20 percent). Exports of goods and services account for 46 percent of GDP while imports account for 42 percent, adding 4 percent of total GDP. This page provides the latest reported value for - European Union GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Capacity Utilization in European Union decreased to 70.10 percent in the second quarter of 2020 from 80.70 percent in the first quarter of 2020. Capacity Utilization in European Union averaged 81.12 percent from 1985 until 2020, reaching an all time high of 85.10 percent in the first quarter of 1990 and a record low of 69.90 percent in the third quarter of 2009. This page provides - European Union Capacity Utilization - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Household Saving Rate in European Union increased to 10.51 percent in the fourth quarter of 2019 from 10.46 percent in the third quarter of 2019. Personal Savings in European Union averaged 11.26 percent from 1999 until 2019, reaching an all time high of 13.19 percent in the fourth quarter of 2009 and a record low of 9.21 percent in the second quarter of 2017. This page provides - European Union Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for European Union stands at AA with stable outlook. Moody's credit rating for European Union was last set at Aaa with stable outlook. Fitch's credit rating for European Union was last reported at AAA with stable outlook. DBRS's credit rating for European Union is AAA with stable outlook. This page provides - European Union Credit Rating- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Full Time Employment in European Union increased to 184143.70 Thousand in the third quarter of 2019 from 182567.10 Thousand in the second quarter of 2019. Full Time Employment in European Union averaged 175151.98 Thousand from 2002 until 2019, reaching an all time high of 184143.70 Thousand in the third quarter of 2019 and a record low of 167275.40 Thousand in the first quarter of 2013. This page provides - European Union Full Time Employment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Steel Production in European Union decreased to 12029 Thousand Tonnes in March from 12277 Thousand Tonnes in February of 2020. Steel Production in European Union averaged 13626.48 Thousand Tonnes from 1990 until 2020, reaching an all time high of 19178 Thousand Tonnes in March of 2007 and a record low of 8457 Thousand Tonnes in December of 1992. This page has Steel Production values for European Union.

Government spending in European Union was last recorded at 45.8 percent of GDP in 2019 . Government Spending To GDP in European Union averaged 47 percent from 1995 until 2019, reaching an all time high of 51.10 percent in 1995 and a record low of 44.80 percent in 2007. This page provides - European Union Government Spending To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labour Costs in European Union decreased to 105.80 points in the third quarter of 2019 from 111 points in the second quarter of 2019. Labour Costs in European Union averaged 96.94 points from 2009 until 2019, reaching an all time high of 111 points in the second quarter of 2019 and a record low of 84.20 points in the first quarter of 2009. This page provides - European Union Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Fixed Capital Formation in European Union increased to 780817.20 EUR Million in the fourth quarter of 2019 from 773602.80 EUR Million in the third quarter of 2019. Gross Fixed Capital Formation in European Union averaged 658100.50 EUR Million from 1995 until 2019, reaching an all time high of 806449.30 EUR Million in the second quarter of 2019 and a record low of 506761.30 EUR Million in the first quarter of 1995. This page provides - European Union Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in European Union remained unchanged at 2.40 percent in the fourth quarter of 2019 from 2.40 percent in the third quarter of 2019. Long Term Unemployment Rate in European Union averaged 3.83 percent from 2002 until 2019, reaching an all time high of 5.30 percent in the first quarter of 2014 and a record low of 2.40 percent in the third quarter of 2008. In the European Union, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - European Union Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in European Union increased 2.20 percent in January of 2020 over the same month in the previous year. Retail Sales Yoy in European Union averaged 1.52 percent from 2000 until 2020, reaching an all time high of 6.10 percent in July of 2000 and a record low of -4 percent in February of 2009. In the European Union, retail sales show the evolution of the total amount of goods sold. Among goods, food, drinks and tobacco account for the highest share (40.1 percent); followed by electrical goods and furniture (11.5 percent share); computer equipment, books and other (11.4 percent share); textiles, clothing, footwear (9.2 percent share); auto fuel (9 percent share); pharmaceutical and medical goods (8.9 percent share); other non-food products (7.0 percent share) and mail orders and internet (3.0 percent share). Among countries, Germany has the highest weight (19.1 percent), followed by France (15.9 percent); the United Kingdom (14.7 percent) and Italy (11.9 percent). Others include Spain (8.4 percent); Netherlands (3.8 percent); Poland (3.7 percent); Belgium (3.2 percent); Sweden (2.4 percent); Greece (2.2 percent); Austria (2.1 percent); Portugal (1.8 percent); Denmark (1.5 percent); Finland, Ireland and Czech Republic (1.3 percent each); Romania (1.0 percent); Hungary (0.9 percent); Luxembourg and Slovakia (0.6 percent each); Croatia (0.5 percent); Bulgaria and Slovenia (0.4 percent each); Lithuania (0.3 percent); Latvia, Cyprus and Estonia (0.2 percent each) and Malta (0.1 percent). This page provides - European Union Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in European Union increased 0.50 percent in January of 2020 over the previous month. Retail Sales Mom in European Union averaged 0.12 percent from 1999 until 2020, reaching an all time high of 2.90 percent in October of 1999 and a record low of -1.90 percent in May of 2011. In the European Union, retail sales show the evolution of the total amount of goods sold. Among goods, food, drinks and tobacco account for the highest share (40.1 percent); followed by electrical goods and furniture (11.5 percent share); computer equipment, books and other (11.4 percent share); textiles, clothing, footwear (9.2 percent share); auto fuel (9 percent share); pharmaceutical and medical goods (8.9 percent share); other non-food products (7.0 percent share) and mail orders and internet (3.0 percent share). Among countries, Germany has the highest weight (19.1 percent), followed by France (15.9 percent); the United Kingdom (14.7 percent) and Italy (11.9 percent). Others include Spain (8.4 percent); Netherlands (3.8 percent); Poland (3.7 percent); Belgium (3.2 percent); Sweden (2.4 percent); Greece (2.2 percent); Austria (2.1 percent); Portugal (1.8 percent); Denmark (1.5 percent); Finland, Ireland and Czech Republic (1.3 percent each); Romania (1.0 percent); Hungary (0.9 percent); Luxembourg and Slovakia (0.6 percent each); Croatia (0.5 percent); Bulgaria and Slovenia (0.4 percent each); Lithuania (0.3 percent); Latvia, Cyprus and Estonia (0.2 percent each) and Malta (0.1 percent). This page provides - European Union Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports to European Union in Italy decreased to 21028.14 EUR Million in February from 21045.98 EUR Million in January of 2020. Exports to European Union in Italy averaged 20309.54 EUR Million from 2014 until 2020, reaching an all time high of 25116.26 EUR Million in July of 2019 and a record low of 12115.81 EUR Million in August of 2014. This page includes a chart with historical data for Italy Exports to EU28 Countries.

The stocks of goods held by firms in European Union decreased by 13951.70 EUR Million in the fourth quarter of 2019. Changes In Inventories in European Union averaged 14858.14 EUR Million from 1995 until 2019, reaching an all time high of 46560.60 EUR Million in the first quarter of 2019 and a record low of -28854.70 EUR Million in the second quarter of 2009. This page provides - European Union Changes In Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gideon Rachman discusses the fraught process of selecting a new leadership team in Europe and the impact these choices will have on integration, Eastern Europe and the Brexit negotiations, with Jim Brunsden and Ben Hall

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Patrick Jenkins and guests discuss Germany's concession that could unblock progress towards a eurozone banking union, investor moves against Deutsche Bank chairman Paul Achkleitner, and what's behind the recent spate of personnel changes in investment banking. With special guest Lorenzo Bini Smaghi, chairman of Société Générale.

Contributors: Patrick Jenkins, financial editor, Martin Arnold, Frankfurt bureau chief, Olaf Storbeck, Frankfurt correspondent, Jonathan Guthrie, Lex editor, David Crow, banking editor, and Laura Noonan, US banking editor. Producer: Fiona Symon

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Calls for safety assurances despite concern over educational impact

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