EU productivity per employed person rises 0.9% annually
Output per hour worked increased by 0.8% in the second quarter.
Economy. Read the global briefing with original sources, data periods and context.
Output per hour worked increased by 0.8% in the second quarter.
The annual rate increased from 2.9% in July, with services and energy making the largest contributions.
Eurostat’s first estimates put exports at EUR 276.0 billion and imports at EUR 261.8 billion.
Eurostat estimates quarterly growth of 0.7% across the EU.
Eurostat’s first estimates show energy prices rising by 5.6% month-on-month.
The EU recorded a 4.7% annual increase and a 1.2% quarterly rise.
Energy-shock and uncertainty risks persist, with separate forecasts for the United States, euro area and China.
Aggregate growth slowed from the previous quarter, while country-level results varied.
Consumer and retail readings improved while construction sentiment eased, leaving the composite above the 100 threshold.
Seasonally adjusted indicators improved in retail, held steady in services and edged lower in construction.