At the end of the third quarter of 2019, the government debt to GDP ratio in the euro area (EA19) stood at 86.1%, compared with 86.4% at the end of the second quarter of 2019. In the EU28, the ratio decreased from 80.4% to 80.1%. Compared with the third quarter of 2018, the government debt to GDP ratio fell in both the euro area (from 87.1% to 86.1%) and the EU28 (from 81.4% to 80.1%).
In the third quarter of 2019, the seasonally adjusted general government deficit to GDP ratio stood at 0.7% in the euro area (EA19), compared with 0.7% in the second quarter of 2019. In the EU28, the deficit to GDP ratio stood at 0.9%, compared with 0.9% in the previous quarter.
The seasonally adjusted unemployment rate increased from 3.2% in September – November 2019 to 3.3% (provisional figure) in October – December 2019. Meanwhile, the underemployment rate remained unchanged at 1.2% in the two periods (provisional figure).
Privately-owned housing starts in December 2019 were at a seasonally adjusted annual rate of 1,608,000. This is 16.9 percent (+/- 12.8%) above the revised November 2019 estimate of 1,375,000.December 2019: +16.9 % changeNovember 2019 (r): +2.6* % change
In November 2019 compared with October 2019, seasonally adjusted production in the construction sector increased by 0.7% in the euro area (EA19) and by 1.1% in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In October 2019, production in construction fell by 0.5% in the euro area and by 0.4% in the EU28.
The euro area annual inflation rate was 1.3% in December 2019, up from 1.0% in November. A year earlier, the rate was 1.5%. European Union annual inflation was 1.6% in December 2019, up from 1.3% in November. A year earlier, the rate was 1.6%. These figures are published by Eurostat, the statistical office of the European Union.
For all surveyed sectors taken together, the proportion of respondents expecting their business situation to be worse (31%) in Q1 2020 over Q4 2019 is higher than that expecting it to be better (9%).
U.S. total business end-of-month inventories for November 2019 were $2,037.4 billion, down 0.2 percent (+/- 0.1 percent) from last month. U.S. total business sales were $1,465.7 billion, up 0.7 percent (+/-0.2 percent) from last month.November 2019: -0.2 % change in InventoriesOctober 2019 (r): +0.1* % change in Inventories
U.S. retail and food services sales for December 2019 were $529.6 billion, an increase of 0.3 percent (+/-0.4%)* from the previous month.December 2019: +0.3* % changeNovember 2019 (r): +0.3* % change
1 in 4 EU citizens avoided providing personal information to social or professional networking services due to security concerns
In 2019, 44% of EU citizens aged between 16 to 74 claimed to have limited their private internet activities in the last 12 months due to security concerns.
House prices, as measured by the House Price Index, rose by 4.1% in both the euro area and the EU in the third quarter of 2019 compared with the same quarter of the previous year. These figures come from Eurostat, the statistical office of the European Union.