In 2010, 115 million people, or 23.4% of the population, in the EU27 were at risk of poverty or social exclusion. This means that they were at least in one of the following three conditions: at-risk-of-poverty, severely materially deprived or living in households with very low work intensity. The reduction of the number of persons at risk of poverty or social exclusion in the EU is one of the key targets of the Europe 2020 strategy.
At the end of the third quarter of 2011, the government debt to GDP ratio in the euro area(EA17) stood at 87.4%, down compared with 87.7% at the end of the second quarter of 2011. In the EU27 the ratio increased from 81.7% to 82.2%. Compared with the third quarter of 2010, the government debt to GDP ratio rose in both the euro area (from 83.2% to 87.4%) and the EU27 (from 78.5% to 82.2%).
In December 2011, compared with November 2011, the volume of retail trade fell by 0.4% in the euro area (EA17), while it rose by 0.3% in the EU27. In November retail trade decreased by 0.4% and 0.2% respectively.
In December 2011, compared with November 2011, the industrial producer price index fell by 0.2% in both the euro area (EA17) and the EU27. In November prices increased by 0.2% and 0.4% respectively.
Euro area annual inflation is expected to be 2.7% in January 2012 according to a flash estimate issued by Eurostat, the statistical office of the European Union. It was also 2.7% in December 2011.
The euro area (EA17) seasonally-adjusted unemployment rate was 10.4% in December 2011, unchanged compared with November. It was 10.0% in December 2010. The EU27 unemployment rate was 9.9% in December 2011, also unchanged compared with November. It was 9.5% in December 2010.
In the third quarter of 2011, compared with the second quarter of 2011, the business investment rate rose in both the euro area (EA17) and the EU27.
In the third quarter of 2011 compared with the second quarter of 2011, the household saving rate decreased while the household investment rate remained almost unchanged in both the euro area (EA17) and the EU27. In the euro area, household disposable income fell by 0.4% in real terms, after a decrease of 0.1% in the previous quarter.