Inflation falls

Consumer Price Inflation, March 2014:  ONS

  • The Consumer Prices Index (CPI) grew by 1.6% in the year to March 2014, down from 1.7% in February
  • CPIH grew by 1.5% in the year to March 2014, down from 1.6% in February
  • RPIJ grew by 1.8%, down from 2.0% in February

Geography of youth unemployment

The geography of youth unemployment: a route map for change – Work Foundation

  • provides an overview of the geography of youth unemployment in Britain’s major towns and cities
  • sets out some of the reasons why there are significant geographic disparities between places in the level of youth unemployment
  • provides an overview of the current youth policy context and some of the challenges it presents

Labour force stats – Europe

Labour Force Survey 2013: Eurostat

In 2013 in the EU28 these were:

  • 216.4 million persons in employment
  • 26.2 million unemployed
  • 137.2 million economically inactive
  • 43.7 million of those in employment were part-time workers, of which 9.9 million (23% of part-time workers) are underemployed, meaning they wished to work more hours and were available to do so

European retail trade up

European Retail Trade Volume, Feb 2014: Eurostat

  • In February 2014 compared with January 2014, the seasonally adjusted volume of retail trade rose by 0.4% in the euro area (EA18) and by 0.5% in the EU28
  • In January retail trade increased by 1.0% and 0.6% respectively.
  • In February 2014 compared with February 2013 the retail sales index increased by 0.8% in the euro area and by 1.5% in the EU28.