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CliQ INDIA > International > Foreign > Services production up by 0.3% in the euro area and by 0.5% in the EU – Euro indicators
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Services production up by 0.3% in the euro area and by 0.5% in the EU – Euro indicators

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Overview

In October 2024, compared with September 2024, seasonally adjusted services production increased by 0.3% in the euro area and by 0.5% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In September 2024, services production fell by 0.1% in the euro area and grew by 0.2% in the EU.

In October 2024, compared with October 2023, services production increased by 1.7% in the euro area and by 1.5% in the EU.

Monthly comparison by service industry and by Member State

In the euro area in October 2024, compared with September 2024, services production

  • decreased for transportation and storage by 0.4%,

  • increased for accommodation and food services by 0.6%,

  • increased for information and communication by 1.3%,

  • increased for real estate activities by 1.6%,

  • increased for professional, scientific and technical activities by 0.3%,

  • remained stable for administrative and support services.

In the EU, services production

  • decreased for transportation and storage by 0.2%,

  • increased for accommodation and food services by 0.7%,

  • increased for information and communication by 0.9%,

  • increased for real estate activities by 2.3%,

  • increased for professional, scientific and technical activities by 0.7%,

  • decreased for administrative and support services by 0.3%.

Among Member States for which data are available, the highest monthly increases were recorded in Poland (+3.2%), Lithuania (+2.4%) and Belgium (+2.0%). The largest decreases were observed in Greece (-2.8%), Slovenia (-1.6%) and Malta (-1.1%).

Annual comparison by service industry and by Member State

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

  • increased for transportation and storage by 0.3%,

  • increased for accommodation and food services by 0.2%,

  • increased for information and communication by 4.0%,

  • increased for real estate activities by 2.0%,

  • increased for professional, scientific and technical activities by 2.0%,

  • increased for administrative and support services by 0.6%.

In the EU, services production

  • decreased for transportation and storage by 1.6%,

  • increased for accommodation and food services by 0.6%,

  • increased for information and communication by 4.3%,

  • increased for real estate activities by 1.5%,

  • increased for professional, scientific and technical activities by 2.0%,

  • increased for administrative and support services by 0.5%.

Among Member States for which data are available, the highest annual increases were recorded in Luxembourg (+9.0%), Lithuania (+8.2%) and Estonia (+6.7%). The largest decreases were observed in Denmark (-10.3%), Greece (-8.8%) and Romania (-7.7%).

Tables

Services production

% change compared with previous month*

2024

May

Jun

Jul

Aug

Sep

Oct

 

 

 

 

 

 

-0.3

-1.1

0.8

0.4

-0.1

0.3

-1.8

-1.4

1.9

-0.2

-0.7

-0.4

0.9

-1.1

-0.1

0.0

-0.1

0.6

0.3

-0.7

0.7

0.7

-0.5

1.3

1.1

-1.5

1.7

-0.3

0.5

1.6

-0.9

-1.2

1.4

0.5

-0.4

0.3

0.2

-1.4

0.5

0.1

0.1

0.0

 

 

 

 

 

 

-0.1

-1.1

0.4

0.4

0.2

0.5

-1.1

-1.8

1.5

-0.2

-1.0

-0.2

1.2

-1.0

0.2

-0.2

-0.5

0.7

0.3

-0.2

-0.5

1.1

0.5

0.9

0.8

-1.5

1.7

-0.5

0.2

2.3

-0.7

-0.9

-0.1

0.8

0.4

0.7

0.4

-1.3

-0.1

0.3

0.6

-0.3

Services production

% change compared with previous month*

2024

May

Jun

Jul

Aug

Sep

Oct

-0.3

-1.1

0.8

0.4

-0.1

0.3

-0.1

-1.1

0.4

0.4

0.2

0.5

0.3

-0.8

1.3

-1.7

-0.9

2.0

-1.1

0.9

1.6

0.2

0.2

-0.4

-0.5

0.0

0.5

-0.9

0.2

0.6

-0.8

-3.6

3.9

-2.3

-4.4

1.9

0.1

-0.8

0.6

0.2

0.1

0.3

-1.1

0.6

0.3

0.1

1.6

0.5

c

c

c

c

c

c

-3.2

-3.8

-1.1

-2.6

4.6

-2.8

0.1

-0.9

1.3

-0.6

1.2

0.1

-1.3

-1.6

0.9

2.4

-1.1

0.0

:

:

:

:

:

:

-0.5

-1.7

1.4

-2.0

1.1

0.9

c

c

c

c

c

c

0.1

-0.8

-0.2

-1.2

2.1

1.9

-0.1

0.8

0.9

-1.5

0.4

2.4

0.3

1.4

2.7

0.2

-0.3

1.5

2.0

-1.6

2.4

-3.3

1.2

1.1

1.2

0.8

0.5

-0.5

0.4

-1.1

c

c

c

c

c

c

-0.1

-1.0

1.3

-0.4

-0.5

1.1

-0.5

0.3

3.3

-1.8

-1.8

3.2

:

:

:

:

:

:

15.4

-15.8

-0.9

1.2

-0.7

-0.9

-1.8

-2.8

1.2

1.9

-1.1

-1.6

-2.5

1.7

1.7

0.4

0.1

0.9

0.4

0.2

0.3

0.8

-2.1

0.5

1.5

4.4

-15.0

7.9

10.9

c

Services production

% change compared with same month of the previous year*

2024

May

Jun

Jul

Aug

Sep

Oct

 

 

 

 

 

 

1.3

-0.4

0.9

1.2

1.1

1.7

-0.2

-1.8

0.9

1.4

1.3

0.3

1.4

-1.1

-1.7

0.8

-2.7

0.2

3.8

1.6

2.9

2.9

2.5

4.0

1.5

-0.6

0.8

0.7

0.9

2.0

1.5

-0.5

2.1

1.6

2.3

2.0

-0.5

-0.8

-0.1

-0.5

0.3

0.6

 

 

 

 

 

 

1.5

-0.4

0.8

1.1

1.0

1.5

0.4

-2.7

-0.3

0.4

-0.7

-1.6

1.6

-1.1

-1.5

0.9

-2.5

0.6

4.2

1.9

2.8

3.4

3.0

4.3

2.0

-0.9

1.4

1.1

0.6

1.5

1.6

-0.5

2.0

1.3

2.0

2.0

-0.5

-0.7

0.0

-0.5

0.5

0.5

Services production

% change compared with same month of the previous year*

2024

May

Jun

Jul

Aug

Sep

Oct

1.3

-0.4

0.9

1.2

1.1

1.7

1.5

-0.4

0.8

1.1

1.0

1.5

3.7

0.7

3.2

1.7

0.2

3.2

1.9

4.0

8.6

5.7

7.0

5.6

2.5

0.5

4.1

2.2

1.5

2.0

4.1

-8.7

-7.0

-5.9

-9.9

-10.3

-0.9

-1.2

-0.8

-0.3

0.3

1.2

0.7

1.0

0.9

0.2

5.9

6.7

c

c

c

c

c

c

-8.6

-7.8

-6.6

-7.2

-1.5

-8.8

3.6

1.4

3.8

3.9

5.2

3.9

2.7

0.6

1.2

4.6

3.0

2.7

:

:

:

:

:

:

1.9

-2.6

0.6

-4.7

-1.0

-0.3

c

c

c

c

c

c

-3.2

-5.7

-3.9

-3.4

-2.8

2.1

6.0

7.5

8.7

4.1

3.1

8.2

11.2

8.3

12.9

16.0

11.1

9.0

4.4

2.4

7.1

-1.4

1.6

3.7

10.3

14.2

15.2

10.2

9.1

1.6

c

c

c

c

c

c

-3.7

-5.2

-4.0

-4.1

-4.5

-2.7

2.7

2.9

9.4

5.6

2.7

6.2

:

:

:

:

:

:

11.5

-6.5

-8.6

-4.9

-6.1

-7.7

1.6

0.8

1.3

2.1

0.0

0.6

-1.1

1.0

3.6

1.3

1.9

3.3

-1.5

-0.4

1.5

2.9

-1.5

0.0

0.5

0.2

-2.8

2.2

2.7

c

Services production, calendar and seasonally adjusted indices

(base year 2021)

2024

May

Jun

Jul

Aug

Sep

Oct

114.6

113.3

114.2

114.6

114.5

114.9

114.9

113.6

114.0

114.4

114.6

115.2

114.7

113.8

115.3

113.3

112.3

114.5

116.1

117.1

119.0

119.2

119.4

118.9

105.8

105.8

106.3

105.3

105.5

106.1

115.4

111.2

115.5

112.8

107.8

109.9

111.8

110.9

111.6

111.8

111.9

112.2

118.2

118.9

119.3

119.4

121.3

121.9

c

c

c

c

c

c

128.2

123.3

121.9

118.7

124.2

120.7

118.8

117.7

119.2

118.5

119.9

120.0

117.4

115.5

116.5

119.3

118.0

118.0

115.1

114.8

115.6

114.2

116.7

117.1

114.0

112.1

113.7

111.4

112.6

113.6

c

c

c

c

c

c

112.5

111.6

111.4

110.1

112.4

114.5

113.3

114.2

115.2

113.5

114.0

116.7

117.9

119.6

122.8

123.1

122.7

124.5

112.6

110.8

113.5

109.8

111.1

112.3

130.2

131.2

131.8

131.1

131.6

130.2

c

c

c

c

c

c

105.3

104.2

105.6

105.2

104.7

105.9

120.8

121.2

125.2

123.0

120.8

124.7

:

:

:

:

:

:

151.7

127.7

126.6

128.1

127.2

126.0

116.2

113.0

114.4

116.6

115.3

113.4

95.1

96.7

98.3

98.7

98.8

99.7

107.0

107.2

107.5

108.4

106.1

106.6

109.1

113.9

96.8

104.4

115.8

c

Services production, calendar adjusted indices
(base year 2021)

2024

May

Jun

Jul

Aug

Sep

Oct

111.8

115.4

113.7

112.0

114.9

117.7

112.1

115.7

113.8

112.0

115.1

117.8

110.6

120.6

110.3

102.0

114.6

119.5

111.5

123.3

129.0

125.7

122.1

117.3

103.5

113.7

104.3

98.5

106.0

107.1

109.1

113.9

112.4

103.4

108.8

117.6

110.0

111.5

112.9

108.3

112.0

113.7

122.4

120.0

116.2

117.3

123.4

124.6

c

c

c

c

c

c

126.0

146.8

155.4

142.7

148.8

124.8

116.8

122.7

128.8

111.1

121.1

124.6

109.4

117.1

98.9

129.3

116.1

120.9

122.6

132.8

146.9

136.6

124.9

107.3

116.9

113.3

130.2

91.5

114.0

118.0

c

c

c

c

c

c

109.5

111.5

112.6

110.7

115.9

117.5

114.2

115.2

115.2

113.0

117.9

123.4

114.5

120.0

123.5

111.9

119.3

126.1

109.1

108.1

115.2

112.5

116.1

117.4

135.9

140.9

138.7

136.2

132.9

131.0

c

c

c

c

c

c

97.2

101.5

108.9

101.0

102.2

106.1

115.9

124.0

124.4

120.5

124.8

127.5

:

:

:

:

:

:

149.4

133.5

130.1

128.1

131.1

131.4

117.3

117.8

114.5

111.7

120.0

117.0

93.6

99.5

97.8

92.8

100.8

104.8

107.4

111.8

97.8

105.7

107.3

108.7

110.9

112.4

105.6

110.0

113.2

c

Notes for users

Revisions and timetable

Compared with data issued in the News Release of 6 December 2024, the monthly percentage change for September 2024 has been revised from -0.5% to -0.1% in the euro area and from -0.2% to +0.2% in the EU. The annual percentage increase has been revised from +1.2% to +1.1% in the euro area and remained unchanged at +1.0% 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

https%3A%2F%2Fec.europa.eu%2Feurostat%2Fproduct%3Fcode%3D4-10012025-ap

Contents
OverviewMonthly comparison by service industry and by Member StateAnnual comparison by service industry and by Member StateTablesNotes for usersRevisions and timetableMethods and definitionsGeographical informationFor more information

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