In the 3rd quarter of the EU, women dominated childcare and teachers' aids jobs, and were more likely than men to hold part-time jobs
The decrease marks the 14th year in a row of a declining birth rate in the EU since 2008 when 4.68 million children were born
The Eurozone average dropped to 2.6%, according to the preliminary estimates by Eurostat
Nevertheless, the Economic Sentiment Indicator, reflecting public perception of the economy, has turned positive after the pandemic-induced downturn from March 2020 to April 2021, this positive shift has stabilized consumption, with retail trade gaining momentum since May 2022.
Notably, except for Attica, where per capita GDP is 90% of the European average, in other Greek regions it is below 75% of the EU.
According to recent research on gender equality, employed women may be penalized for demonstrating that they have ambition, access to “networks of influence”, and for showing they prioritize their own professional growth.
According to Eurostat data, in 2023, a European spent more money buying pizza or takeaway than one or two years earlier.
Despite the overall trend, Greece faces persistent challenges with rising food prices, as the food, alcohol and tobacco index totaled 7.1% during the month, on an annual basis, slightly lower than 7.6% in Dec 2023
The greatest percentage increase was recorded in olive oil, despite Greece being the third-largest producer worldwide
In all countries except Bulgaria, the average life satisfaction was above 6, indicating that most people in the EU reported being more satisfied than dissatisfied, explained the statistical agency.
Consumers in Greece are paying nearly five times more for essential food items than shoppers in other European countries, according to the latest Eurostat figures. Despite the Greek government imposing hefty fines on price gouging and placing a profit ceiling on certain items, supermarket prices continue to rise unabated, with producers and wholesalers citing surging […]
Furthermore, the "household baskets" that the government invented to supposedly check market prices have not been effective in controlling revaluations.
Inflation rates will remain above the ECB limit (2%), not only for 2024 but also for 2025, something that will continue to test the resilience of consumers, especially if new geopolitical challenges arise that might exacerbate the already precarious situation
Meanwhile, the data for Industrial producer prices in the Eurozone showed a significant decline of 8.8% in November 2023
Annual inflation rate in the Eurozone at 2.4% last month
The data does not take into account the "grey market" in Greece which is estimated to be equivalent to some 25% of GDP in the country, according to the IMF
A staggering 16.7% of Greek citizens reported being unable to undergo medical examinations, while they also indicated inability to undergo medical examinations, with 28% stating they lived in poverty
Austrians are the most satisified
The data showed Greece had the highest costs both in urban and rural areas
Luxembourgians were the Best-Off