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Firm Dynamics, Competitiveness of the Nation
20-11-2014 | Statnews 42/2014

Firms are still poorly known in Luxembourg. During the last years, surveys on innovation, new information and communication technologies, training and entrepreneurship, have come to complete figures from accounts. This new sources enable analysing diversity, dynamics and performance of firms.
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STATEC compares key indicators of labour cost in Luxembourg with those of neighbouring regions and other member states of the European Union. This analysis shows that in Luxembourg the average hourly labour cost is higher than on average in the euro area, but below those of Belgium and France...
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STATEC has published the new version (january 2014) of the "Répertoire des entreprises luxembourgeoises", a register giving information on the economic activities of some 30 476 companies.
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Perception of the presence of drugs
06-11-2014 | STATEC news

Data from a victimisation survey collected by Statec in 2013 show that 35% of residents aged 16 and over have seen in their neighbourhood drug users, drug dealers or objects related to the intake of drugs during the past 12 months. Such observations have more often been made by young persons and residents of urban areas...
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According to the latest forecasts STATEC, the inflation rate (consumer price index) will settle down at 0.7% in 2014 (against 1.7% in 2013). Despite the increase in VAT on 1 January 2015, the price increase would be limited to 1.4% in 2015. Therefore the next indexation would be pushed back to the second quarter of 2015.
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Aside from oil products prices which are falling, consumer prices surveyed by STATEC in October are stable. Mainly as a result of falling oil prices, the general index slowed down back by 0.2% within a month. The annual inflation rate remained constant at 0.3% while the core inflation rate continues on its downward trend to reach 0.8%.
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This working paper of CEPS/Instead confirms the existence of a positive association between beauty and labor market outcomes such as earnings and employment opportunities (call-back rates).
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Analysing the results of a survey of 50,000 people in Italy, the researchers found a significantly negative correlation between online social networking and well-being.
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GDP growth was relatively satisfactory in the 2nd quarter of 2014. Although the quarterly national accounts have been significantly revised, the new results do not substantially affect the economic momentum observed, specifically the recovery was has been underway since mid-2012. However, while activity held up favourably in the first half of 2014, the economic climate has been worsening since the summer.
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