10th April 2015

Economic policy: Macroeconomic indicators suggest slow but steady improvement in EU economy

Eurostat published its flash estimates of several macroeconomic indicators for the EU and the eurozone last week. It confirms what analysts have been suggesting for some time now – the EU is in a very sluggish but steady economic recovery. The GDP figures slowly rise. Last week´s indicators include inflation and unemployment.

Unemployment in the EU was 9.8% in February 2015, down from 9.9% in January 2015 and 10.5% in February 2014. In the eurozone, the corresponding numbers are 11.3% for February 2015, compared to 11.4% in January 2015 and 11.8% in February 2014. Both numbers present the best outcomes since September 2011 and May 2012 respectively.

Members of the American Chamber of Commerce in the Czech Republic