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Economic ReportEurope
Richard Bunker
President
Europerf
Economic growth
0.5%
-4.2%
1.8% 1.7%
2008 2009 2010 2011*
Real GDP growth (EU27)
94
95
96
97
98
99
100
101
2007 2008 2009 2010 2011
Real GDP growth (EU27 - index)
Source: Eurostat
* Forecast
Unemployment rate
Source: Eurostat
7.1%
9%9.6% 9.5%
2008 2009 2010 2011*
Unemployment rate (EU27)
* April 2011
Unemployment rate (2)
Source: Eurostat
Inflation
3.7%
1%
2.1%
2.5%
2008 2009 2010 2011*
Inflation rate (EU27)
Source: Eurostat* forecast
Interest rate
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
Interest rate (Euro-zone)
Source: European Central Bank
Working timeEvolution of weekly working hours 1999-2005 (%)
Current average (EU27, 2008): 41 hours per week
Average wage increase (EU27)
Year Gross With inflation correction
2008 5% 0.5%
2009 4.2% 2.9%
Source: EuroFound (European Foundation for the Improvement of Living and Working Conditions)
Gasoline price (EU27)
Source: European Environment Agency