Services production up by 1.1% in both the euro area and the EU (2024)

Euro indicators 8 July 2024 Next release: 7 August 2024

April 2024 compared with March 2024

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Up by 4.8% in the euro area and by 4.2% in the EU compared with April 2023

Overview

In April 2024, compared with March 2024, seasonally adjusted services production increased by 1.1% in both the euro area and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In March 2024, services production fell by 0.4% in the euro area and by 0.6% in the EU.

In April 2024, compared with April 2023, services production increased by 4.8% in the euro area and by 4.2% in the EU.

Services production up by 1.1% in both the euro area and the EU (1)

Monthly comparison by service industry and by Member State

In the euro area in April 2024, compared with March 2024, services production

  • increased for transportation and storage by 1.6%,

  • decreased for accommodation and food services by 1.6%,

  • increased for information and communication by 1.6%,

  • increased for real estate activities by 0.3%,

  • increased for professional, scientific, and technical activities by 2.4%,

  • increased for administrative and support services by 0.9%.

In the EU, services production

  • increased for transportation and storage by 1.4%,

  • decreased for accommodation and food services by 1.6%,

  • increased for information and communication by 1.6%,

  • increased for real estate activities by 0.9%,

  • increased for professional, scientific, and technical activities by 2.6%,

  • increased for administrative and support services by 0.8%.

Among Member States for which data are available, the highest monthly increases were recorded in Croatia (+5.1%), Greece (+4.4%) and France (+3.4%). The largest decreases were observed in Malta (-2.7%), Romania (-0.7%) and Finland (-0.6%).

Annual comparison by service industry and by Member State

In the euro area in April 2024, compared with April 2023, services production

  • increased for transportation and storage by 3.6%,

  • decreased for accommodation and food services by 3.1%,

  • increased for information and communication by 9.0%,

  • decreased for real estate activities by 0.1%,

  • increased for professional, scientific, and technical activities by 5.3%,

  • increased for administrative and support services by 4.0%.

In the EU, services production

  • increased for transportation and storage by 2.1%,

  • decreased for accommodation and food services by 2.9%,

  • increased for information and communication by 8.0%,

  • increased for real estate activities by 0.7%,

  • increased for professional, scientific, and technical activities by 5.0%,

  • increased for administrative and support services by 3.3%.

Among Member States for which data are available, the highest annual increases were recorded in Luxembourg (+14.3%), Malta (+10.1%) and Lithuania (+7.6%). The largest decreases were observed in Romania (-5.3%), Denmark (-5.0%) and Hungary (-3.9%).

Tables

Services production

% change compared with previous month*

Nov-23

Dec-23

Jan-24

Feb-24

Mar-24

Apr-24

Euro area

Total services

0.0

0.5

0.3

1.1

-0.4

1.1

Transportation and storage

0.2

1.1

-0.7

1.3

-0.5

1.6

Accommodation and food services

-0.1

0.8

0.0

1.3

-1.7

-1.6

Information and communication

-0.2

1.6

0.3

1.3

0.0

1.6

Real estate activities

-1.1

-2.1

2.4

0.6

-0.6

0.3

Professional, scientific and technical activities

-0.1

-0.7

1.2

0.6

-1.3

2.4

Administrative and support services

-1.5

1.1

-0.4

0.5

1.0

0.9

EU

Total services

0.0

0.5

-0.3

1.3

-0.6

1.1

Transportation and storage

0.1

1.0

-2.5

1.2

-0.6

1.4

Accommodation and food services

0.0

0.9

-0.1

1.4

-1.5

-1.6

Information and communication

-0.3

1.6

0.3

1.4

-0.2

1.6

Real estate activities

-0.9

-1.3

2.0

0.1

-0.7

0.9

Professional, scientific and technical activities

-0.2

-0.5

0.7

1.0

-1.7

2.6

Administrative and support services

-1.3

0.9

-0.4

0.5

0.9

0.8

* Calendar and seasonally adjusted

Source dataset: sts_sepr_m

Services production up by 1.1% in both the euro area and the EU (2)

Services production

% change compared with previous month*

Nov-23

Dec-23

Jan-24

Feb-24

Mar-24

Apr-24

Euro area

0.0

0.5

0.3

1.1

-0.4

1.1

EU

0.0

0.5

-0.3

1.3

-0.6

1.1

Belgium

2.4

-0.1

0.8

2.6

-0.3

0.9

Bulgaria

0.6

0.5

1.1

-0.1

0.3

1.8

Czechia

0.5

0.5

0.7

-0.7

1.2

0.2

Denmark

-0.4

0.7

-12.3

0.1

-3.1

2.8

Germany

0.1

-1.0

1.0

2.3

0.0

:

Estonia

-0.5

1.4

-0.8

1.7

-0.9

1.9

Ireland

c

c

c

c

c

c

Greece

-0.6

-2.0

0.8

2.7

-2.7

4.4

Spain

1.9

0.4

0.5

1.8

-2.0

2.4

France

-0.7

3.0

-0.7

-0.6

-1.0

3.4

Croatia

0.2

2.2

-2.4

-0.1

0.4

5.1

Italy

-0.1

-1.1

1.9

0.3

-1.6

2.2

Cyprus

c

c

c

c

c

c

Latvia

2.1

2.3

-2.9

0.0

-1.1

2.9

Lithuania

0.0

0.5

4.9

-1.1

1.2

-0.3

Luxembourg

0.2

3.6

-5.2

-1.1

2.6

-0.1

Hungary

-0.6

0.3

-0.2

15.6

-14.8

0.4

Malta

0.4

0.3

0.2

13.4

-3.2

-2.7

Netherlands

c

c

c

c

c

c

Austria

-1.4

0.1

-0.2

0.1

-1.9

0.3

Poland

1.2

-0.8

1.3

2.5

-1.9

1.2

Portugal

:

:

:

:

:

:

Romania

0.3

3.0

-5.5

-1.6

0.2

-0.7

Slovenia

2.9

2.6

0.2

-2.4

1.0

-0.5

Slovakia

-1.1

0.1

1.8

0.5

-0.7

0.9

Finland

-0.1

0.3

0.4

0.6

-0.4

-0.6

Sweden

c

c

c

c

c

c

* Calendar and seasonally adjusted

: Data not available

c Confidential

Source dataset: sts_sepr_m

Services production up by 1.1% in both the euro area and the EU (3)

Services production

% change compared with same month of the previous year*

Nov-23

Dec-23

Jan-24

Feb-24

Mar-24

Apr-24

Euro area

Total services

1.3

2.0

3.4

4.5

2.2

4.8

Transportation and storage

-1.1

-0.5

-0.1

2.4

-0.1

3.6

Accommodation and food services

0.5

1.4

1.4

4.3

1.5

-3.1

Information and communication

4.8

5.8

6.4

7.7

5.9

9.0

Real estate activities

1.1

-3.1

1.8

2.5

0.4

-0.1

Professional, scientific and technical activities

1.8

1.9

2.9

4.9

0.5

5.3

Administrative and support services

-0.8

1.7

3.4

3.0

1.9

4.0

EU

Total services

1.5

2.1

3.0

4.4

1.9

4.2

Transportation and storage

0.3

0.9

-0.5

2.2

-0.7

2.1

Accommodation and food services

0.4

1.4

1.3

4.3

1.7

-2.9

Information and communication

4.1

5.0

5.8

7.7

5.5

8.0

Real estate activities

0.9

-1.8

2.4

2.5

0.3

0.7

Professional, scientific and technical activities

1.6

1.6

2.2

4.8

0.1

5.0

Administrative and support services

-0.9

1.5

3.0

2.9

1.7

3.3

* Calendar adjusted

Source dataset: sts_sepr_m

Services production up by 1.1% in both the euro area and the EU (4)

Services production

% change compared with same month of the previous year*

Nov-23

Dec-23

Jan-24

Feb-24

Mar-24

Apr-24

Euro area

1.3

2.0

3.4

4.5

2.2

4.8

EU

1.5

2.1

3.0

4.4

1.9

4.2

Belgium

2.1

0.8

2.2

5.5

4.2

6.7

Bulgaria

-1.5

0.7

4.2

3.6

3.1

6.0

Czechia

-3.7

-1.7

-0.7

-1.5

1.7

2.3

Denmark

12.1

9.2

-0.9

7.1

-6.4

-5.0

Germany

0.3

0.5

1.9

3.9

2.9

:

Estonia

-3.8

1.1

-3.7

3.0

-1.8

5.5

Ireland

c

c

c

c

c

c

Greece

4.6

0.7

2.1

8.9

-0.5

5.1

Spain

2.9

1.6

5.4

6.3

1.3

4.9

France

0.6

3.5

3.4

2.6

0.4

5.8

Croatia

2.7

5.5

1.9

3.4

3.7

7.3

Italy

2.6

-2.3

4.1

5.8

-1.9

4.5

Cyprus

c

c

c

c

c

c

Latvia

-3.3

1.7

-1.4

-2.3

-4.5

-0.7

Lithuania

4.4

3.1

14.3

11.2

6.3

7.6

Luxembourg

15.1

13.9

11.3

11.1

13.5

14.3

Hungary

-8.5

-4.9

-3.3

10.3

-7.2

-3.9

Malta

5.4

6.0

5.6

21.3

14.9

10.1

Netherlands

c

c

c

c

c

c

Austria

-3.3

-3.7

-3.4

-2.7

-4.9

-2.4

Poland

4.5

1.9

6.7

9.4

5.1

6.2

Portugal

:

:

:

:

:

:

Romania

4.5

9.9

1.7

-2.4

-1.3

-5.3

Slovenia

3.6

6.4

5.0

0.8

0.3

2.8

Slovakia

-10.9

-9.9

-5.0

-4.1

0.9

4.1

Finland

-2.5

-2.7

-2.4

-0.5

-1.3

-2.1

Sweden

c

c

c

c

c

c

* Calendar adjusted

: Data not available

c Confidential

Source dataset: sts_sepr_m

Services production up by 1.1% in both the euro area and the EU (5)

Services production, calendar and seasonally adjusted indices

(base year 2021)

Nov-23

Dec-23

Jan-24

Feb-24

Mar-24

Apr-24

Euro area

113.8

114.4

114.7

116.0

115.5

116.8

EU

114.1

114.7

114.4

115.9

115.2

116.5

Belgium

113.1

113.0

113.9

116.9

116.6

117.6

Bulgaria

111.9

112.5

113.7

113.6

113.9

115.9

Czechia

103.9

104.4

105.1

104.4

105.7

105.9

Denmark

122.2

123.0

107.9

108.0

104.7

107.6

Germany

111.1

110.0

111.1

113.6

113.6

:

Estonia

116.3

117.9

116.9

118.9

117.8

120.0

Ireland

c

c

c

c

c

c

Greece

131.3

128.7

129.7

133.2

129.6

135.3

Spain

117.1

117.6

118.2

120.3

117.9

120.7

France

113.5

116.9

116.1

115.4

114.2

118.1

Croatia

128.4

131.2

128.1

128.0

128.5

135.0

Italy

113.9

112.7

114.8

115.1

113.3

115.8

Cyprus

c

c

c

c

c

c

Latvia

114.8

117.4

114.0

114.0

112.8

116.1

Lithuania

108.5

109.0

114.3

113.0

114.3

113.9

Luxembourg

116.0

120.2

114.0

112.7

115.6

115.5

Hungary

107.1

107.4

107.2

123.9

105.6

106.0

Malta

125.0

125.4

125.6

142.4

137.9

134.2

Netherlands

c

c

c

c

c

c

Austria

107.8

107.9

107.7

107.8

105.7

106.0

Poland

119.8

118.9

120.5

123.5

121.1

122.6

Portugal

:

:

:

:

:

:

Romania

138.2

142.3

134.5

132.4

132.7

131.8

Slovenia

116.0

119.0

119.2

116.3

117.5

116.9

Slovakia

95.7

95.8

97.5

98.0

97.3

98.2

Finland

106.2

106.5

106.9

107.5

107.1

106.5

Sweden

c

c

c

c

c

c

: Data not available

c Confidential

Source dataset: sts_sepr_m

Services production up by 1.1% in both the euro area and the EU (6)

Services production, calendar adjusted indices
(base year 2021)

Nov-23

Dec-23

Jan-24

Feb-24

Mar-24

Apr-24

Euro area

113.4

133.5

107.8

103.1

115.5

114.3

EU

114.2

133.7

107.4

103.3

115.4

114.1

Belgium

112.9

134.3

106.8

105.3

121.8

115.8

Bulgaria

111.3

128.6

100.1

104.4

114.9

111.4

Czechia

106.8

121.3

96.7

93.2

110.8

102.6

Denmark

122.8

140.0

108.5

96.0

102.9

110.7

Germany

114.0

133.0

99.0

100.3

114.8

:

Estonia

112.8

140.9

101.1

105.7

118.3

117.1

Ireland

c

c

c

c

c

c

Greece

114.9

147.8

87.9

96.4

105.9

108.3

Spain

115.5

124.8

107.0

106.4

114.6

116.9

France

109.1

141.9

118.0

103.6

114.4

117.5

Croatia

112.2

154.6

87.0

84.7

91.8

170.2

Italy

112.1

123.9

113.8

100.1

110.7

115.9

Cyprus

c

c

c

c

c

c

Latvia

114.0

134.4

103.3

104.2

111.7

112.5

Lithuania

109.0

113.4

104.2

103.9

114.3

111.6

Luxembourg

121.7

145.4

111.1

100.0

117.5

113.2

Hungary

117.6

143.1

92.8

96.1

100.7

102.0

Malta

126.7

123.6

120.7

128.3

139.2

131.5

Netherlands

c

c

c

c

c

c

Austria

104.0

127.0

109.3

106.2

109.3

101.1

Poland

122.6

132.2

109.3

114.9

124.9

120.7

Portugal

:

:

:

:

:

:

Romania

139.0

155.8

118.9

116.2

130.6

127.5

Slovenia

118.3

132.1

107.1

103.4

120.0

113.8

Slovakia

99.4

108.9

88.5

87.3

99.3

95.8

Finland

107.1

130.0

99.6

97.7

108.1

103.5

Sweden

c

c

c

c

c

c

: Data not available

c Confidential

Source dataset: sts_sepr_m

Services production up by 1.1% in both the euro area and the EU (7)

Notes for users

Revisions and timetable

Compared with data issued in the News Release of 7 June 2024, the monthly percentage decrease for March 2024 remained unchanged at -0.4% in the euro area and at -0.6% in the EU. The annual percentage increase has been revised from +2.3% to +2.2% in the euro area and remained unchanged at +1.9% in the EU.

Methods and definitions

The index of services production is a business indicator that measures the monthly changes in the production volume of the services industries (excluding financial and public services).

Seasonally adjusted euro area and EU series are calculated by aggregating the seasonally adjusted national data.

In this release, total services cover NACE Rev.2 sections H to N, excluding K. Missing observations from Member States for recent months are estimated for the calculation of the euro area and the EU aggregates.

Geographical information

The euro area (EA20) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The European Union (EU27) includes Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.

For more information

  • Database section on short-term business statistics

  • Statistics Explained article on the service production index

  • The weights of the Member States in the EU and euro area aggregates
    (see file Base year 2021 weights - Euro indicators releases)

  • Euro indicators dashboard

  • Release calendar for Euro indicators

  • Statistics Code of Practice

Get in touch

Media requests

Eurostat Media Support

Phone: (+352) 4301 33 408

E-mail: eurostat-mediasupport@ec.europa.eu

Further information on data

E-mail: ESTAT-STS-DATA@ec.europa.eu

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' + '' + '' + '' + seriesName + '' + '' + '' + value + '' + '

'; } /** Close the tooltip content container */ tooltipContent += '

'; /** Return the formatted tooltip content */ return tooltipContent; }}/* * This content is licensed according to the W3C Software License at * https://www.w3.org/Consortium/Legal/2015/copyright-software-and-document * * File: sortable-table.js * * Desc: Adds sorting to a HTML data table that implements ARIA Authoring Practices */'use strict';class SortableTable { constructor(tableNode) { this.tableNode = tableNode; this.columnHeaders = tableNode.querySelectorAll('thead th.sortable'); this.sortColumns = []; for (var i = 0; i < this.columnHeaders.length; i++) { var ch = this.columnHeaders[i]; var buttonNode = ch.querySelector('button'); if (buttonNode) { this.sortColumns.push(i); // buttonNode.setAttribute('data-column-index', i); // buttonNode.addEventListener('click', this.handleClick.bind(this)); ch.setAttribute('data-column-index', i); ch.addEventListener('click', this.handleClick.bind(this)); } } this.optionCheckbox = document.querySelector( 'input[type="checkbox"][value="show-unsorted-icon"]' ); if (this.optionCheckbox) { this.optionCheckbox.addEventListener( 'change', this.handleOptionChange.bind(this) ); if (this.optionCheckbox.checked) { this.tableNode.classList.add('show-unsorted-icon'); } } } setColumnHeaderSort(columnIndex) { if (typeof columnIndex === 'string') { columnIndex = parseInt(columnIndex); } for (var i = 0; i < this.columnHeaders.length; i++) { var ch = this.columnHeaders[i]; var buttonNode = ch.querySelector('button'); if (i === columnIndex) { var value = ch.getAttribute('aria-sort'); if (value === 'ascending') { ch.setAttribute('aria-sort', 'descending'); this.sortColumn( columnIndex, 'descending', ch.classList.contains('num')); } else if (value === 'descending') { ch.removeAttribute('aria-sort'); this.sortColumn( columnIndex, 'initial', true ); } else { ch.setAttribute('aria-sort', 'ascending'); this.sortColumn( columnIndex, 'ascending', ch.classList.contains('num') ); } } else { if (ch.hasAttribute('aria-sort') && buttonNode) { ch.removeAttribute('aria-sort'); } } } } sortColumn(columnIndex, sortValue, isNumber) { function compareValues(a, b) { if (a.value === b.value) return 0; if (sortValue === 'descending') { return isNumber ? b.value - a.value : (a.value > b.value ? -1 : 1); } else { return isNumber ? a.value - b.value : (a.value < b.value ? -1 : 1); } } if (typeof isNumber !== 'boolean') { isNumber = false; } var tbodyNode = this.tableNode.querySelector('tbody'); var rowNodes = []; var dataCells = []; var rowNode = tbodyNode.firstElementChild; var index = 0; while (rowNode) { rowNodes.push(rowNode); var rowCells = rowNode.querySelectorAll('th, td'); var dataCell = rowCells[columnIndex]; var data = {}; data.index = index; if (sortValue !== 'initial') { data.value = dataCell.textContent.toLowerCase().trim(); } else { data.value = rowNode.getAttribute('initial-position').toLowerCase().trim(); } if (isNumber) { data.value = parseFloat(data.value); } dataCells.push(data); rowNode = rowNode.nextElementSibling; index += 1; } dataCells.sort(compareValues); // remove rows while (tbodyNode.firstChild) { tbodyNode.removeChild(tbodyNode.lastChild); } // add sorted rows for (var i = 0; i < dataCells.length; i += 1) { let pos = [dataCells[i].index]; if (sortValue === "initial") { rowNodes[pos].classList.remove("sorted"); } else { rowNodes[pos].classList.add("sorted"); } tbodyNode.appendChild(rowNodes[pos]); } } /* EVENT HANDLERS */ handleClick(event) { var tgt = event.currentTarget; this.setColumnHeaderSort(tgt.getAttribute('data-column-index')); } handleOptionChange(event) { var tgt = event.currentTarget; if (tgt.checked) { this.tableNode.classList.add('show-unsorted-icon'); } else { this.tableNode.classList.remove('show-unsorted-icon'); } }}$(document).ready(function() { load(); });;}());

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