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Eurozone Final CPI down to 1.4%

Euro area annual inflation was 1.4% in October 2017, down from 1.5% in September. In October 2016, the rate was 0.5%. European Union annual inflation was 1.7% in October 2017, down from 1.8% in September. A year earlier the rate was 0.5%. These figures come from Eurostat, the statistical office of the European Union.

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Eurozone Trade Balance recorded a €26.4bn surplus

The first estimate for euro area (EA19) exports of goods to the rest of the world in September 2017 was €187.1 billion, an increase of 5.6% compared with September 2016 (€177.2 bn). Imports from the rest of the world stood at €160.7 bn, a rise of 5.1% compared with September 2016 (€152.9 bn). As a result, the euro area recorded a €26.4bn surplus in trade in goods with the rest of the world in September 2017, compared with +€24.3 bn in September 2016. Intra-euro area trade rose to €157.6 bn in September 2017, up by 4.9% compared with September 2016.

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Eurozone Retail Sales up by 0.3%

In September 2017 compared with August 2017, the seasonally adjusted volume of retail trade rose by 0.7% in the euro area (EA19) and by 0.3% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In August, the retail trade volume decreased by 0.1% in the euro area, while it rose by 0.5% in the EU28. In September 2017 compared with September 2016, the calendar adjusted retail sales index increased by 3.7% in the euro area and by 3.5% in the EU28.

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Eurozone Trade Balance recorded a €16.1 bn surplus

The first estimate for euro area (EA19) exports of goods to the rest of the world in August 2017 was €171.5 billion, an increase of 6.8% compared with August 2016 (€160.6 bn). Imports from the rest of the world stood at €155.4 bn, a rise of 8.6% compared with August 2016 (€143.1 bn). As a result, the euro area recorded a €16.1 bn surplus in trade in goods with the rest of the world in August 2017, compared with +€17.5 bn in August 2016. Intra-euro area trade rose to €132.9 bn in August 2017, up by 7.6% compared with August 2016.

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