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Monthly Archives: June 2012

Huge diversity in GDP per capita throughout the EU

Based on first preliminary estimates for 2011 just released by Eurostat, Gross Domestic Product (GDP) per capita expressed in Purchasing Power Standards (PPS) varied from 45% to 274% of the EU27 average across the Member States. The highest level of GDP per capita in the EU27 was recorded in Luxembourg with a level of more than two and a half … Continue reading

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UK retains its lead as a destination for inward investment … but only just.

The UK remains Europe’s top destination for foreign direct investment (FDI) but will be overtaken by Germany within two years unless something is done, according to Ernst & Young’s annual UK Attractiveness Survey published today. The report shows that the UK attracted 679 projects in 2011 creating nearly 30,000 jobs. But, the country experienced a decline of 7% in the … Continue reading

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Surprise fall in CPI inflation in UK

There was an unexpected fall in the Consumer Prices Index (CPI) in May to 2.8%, from 3.0% in April. This brought UK inflation to its lowest level in two and a half years. There was also a fall in the Retail Prices Index (RPI) over the same months, from 3.5% to 3.1%. It was only in September last year that … Continue reading

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More energy coming from renewable sources within the EU

In 2010, energy from renewable sources was estimated1 to have contributed 12.4% of gross final energy consumption in the EU27, compared with 11.7% in 2009 and 10.5% in 2008. This is according to figures released by Eurostat today. The 2009 Directive on renewable energy set individual targets for all Member States, such that the EU will reach a 20% share … Continue reading

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