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

Thank you!

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