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

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

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 % 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 % 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 % 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, 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, 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

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.