Services production: down by 1.1% in December

In December 2022, total production of services in the EU fell by 1.1% compared with November 2022. In the euro area, total services production decreased by 2.1%.

Compared with December 2021, services production increased by 5.1% in the EU and by 4.8% in the euro area. 
The annual average services production for the year 2022, compared with 2021, increased by 9.9% in the EU and by 9.7% in the euro area.

This information comes from data on services production published by Eurostat today. This article presents a handful of findings from the more detailed Statistics Explained article.

Source dataset: sts_sepr_m