Services production up by 0.3% in the euro area and by 0.5% in the EU

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.

Services production

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
Euro area
Total services	-0.3	-1.1	0.8	0.4	-0.1	0.3
Transportation and storage	-1.8	-1.4	1.9	-0.2	-0.7	-0.4
Accommodation and food services	0.9	-1.1	-0.1	0.0	-0.1	0.6
Information and communication	0.3	-0.7	0.7	0.7	-0.5	1.3
Real estate activities	1.1	-1.5	1.7	-0.3	0.5	1.6
Professional, scientific and technical activities	-0.9	-1.2	1.4	0.5	-0.4	0.3
Administrative and support services	0.2	-1.4	0.5	0.1	0.1	0.0
EU
Total services	-0.1	-1.1	0.4	0.4	0.2	0.5
Transportation and storage	-1.1	-1.8	1.5	-0.2	-1.0	-0.2
Accommodation and food services	1.2	-1.0	0.2	-0.2	-0.5	0.7
Information and communication	0.3	-0.2	-0.5	1.1	0.5	0.9
Real estate activities	0.8	-1.5	1.7	-0.5	0.2	2.3
Professional, scientific and technical activities	-0.7	-0.9	-0.1	0.8	0.4	0.7
Administrative and support services	0.4	-1.3	-0.1	0.3	0.6	-0.3
* Calendar and seasonally adjusted Source dataset: sts_sepr_m

Services production % change compared with previous month*
	2024
	May	Jun	Jul	Aug	Sep	Oct
Euro area	-0.3	-1.1	0.8	0.4	-0.1	0.3
EU	-0.1	-1.1	0.4	0.4	0.2	0.5
Belgium	0.3	-0.8	1.3	-1.7	-0.9	2.0
Bulgaria	-1.1	0.9	1.6	0.2	0.2	-0.4
Czechia	-0.5	0.0	0.5	-0.9	0.2	0.6
Denmark	-0.8	-3.6	3.9	-2.3	-4.4	1.9
Germany	0.1	-0.8	0.6	0.2	0.1	0.3
Estonia	-1.1	0.6	0.3	0.1	1.6	0.5
Ireland	c	c	c	c	c	c
Greece	-3.2	-3.8	-1.1	-2.6	4.6	-2.8
Spain	0.1	-0.9	1.3	-0.6	1.2	0.1
France	-1.3	-1.6	0.9	2.4	-1.1	0.0
Croatia	:	:	:	:	:	:
Italy	-0.5	-1.7	1.4	-2.0	1.1	0.9
Cyprus	c	c	c	c	c	c
Latvia	0.1	-0.8	-0.2	-1.2	2.1	1.9
Lithuania	-0.1	0.8	0.9	-1.5	0.4	2.4
Luxembourg	0.3	1.4	2.7	0.2	-0.3	1.5
Hungary	2.0	-1.6	2.4	-3.3	1.2	1.1
Malta	1.2	0.8	0.5	-0.5	0.4	-1.1
Netherlands	c	c	c	c	c	c
Austria	-0.1	-1.0	1.3	-0.4	-0.5	1.1
Poland	-0.5	0.3	3.3	-1.8	-1.8	3.2
Portugal	:	:	:	:	:	:
Romania	15.4	-15.8	-0.9	1.2	-0.7	-0.9
Slovenia	-1.8	-2.8	1.2	1.9	-1.1	-1.6
Slovakia	-2.5	1.7	1.7	0.4	0.1	0.9
Finland	0.4	0.2	0.3	0.8	-2.1	0.5
Sweden	1.5	4.4	-15.0	7.9	10.9	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*
	2024
	May	Jun	Jul	Aug	Sep	Oct
Euro area
Total services	1.3	-0.4	0.9	1.2	1.1	1.7
Transportation and storage	-0.2	-1.8	0.9	1.4	1.3	0.3
Accommodation and food services	1.4	-1.1	-1.7	0.8	-2.7	0.2
Information and communication	3.8	1.6	2.9	2.9	2.5	4.0
Real estate activities	1.5	-0.6	0.8	0.7	0.9	2.0
Professional, scientific and technical activities	1.5	-0.5	2.1	1.6	2.3	2.0
Administrative and support services	-0.5	-0.8	-0.1	-0.5	0.3	0.6
EU
Total services	1.5	-0.4	0.8	1.1	1.0	1.5
Transportation and storage	0.4	-2.7	-0.3	0.4	-0.7	-1.6
Accommodation and food services	1.6	-1.1	-1.5	0.9	-2.5	0.6
Information and communication	4.2	1.9	2.8	3.4	3.0	4.3
Real estate activities	2.0	-0.9	1.4	1.1	0.6	1.5
Professional, scientific and technical activities	1.6	-0.5	2.0	1.3	2.0	2.0
Administrative and support services	-0.5	-0.7	0.0	-0.5	0.5	0.5
* Calendar adjusted Source dataset: sts_sepr_m

Services production % change compared with same month of the previous year*
	2024
	May	Jun	Jul	Aug	Sep	Oct
Euro area	1.3	-0.4	0.9	1.2	1.1	1.7
EU	1.5	-0.4	0.8	1.1	1.0	1.5
Belgium	3.7	0.7	3.2	1.7	0.2	3.2
Bulgaria	1.9	4.0	8.6	5.7	7.0	5.6
Czechia	2.5	0.5	4.1	2.2	1.5	2.0
Denmark	4.1	-8.7	-7.0	-5.9	-9.9	-10.3
Germany	-0.9	-1.2	-0.8	-0.3	0.3	1.2
Estonia	0.7	1.0	0.9	0.2	5.9	6.7
Ireland	c	c	c	c	c	c
Greece	-8.6	-7.8	-6.6	-7.2	-1.5	-8.8
Spain	3.6	1.4	3.8	3.9	5.2	3.9
France	2.7	0.6	1.2	4.6	3.0	2.7
Croatia	:	:	:	:	:	:
Italy	1.9	-2.6	0.6	-4.7	-1.0	-0.3
Cyprus	c	c	c	c	c	c
Latvia	-3.2	-5.7	-3.9	-3.4	-2.8	2.1
Lithuania	6.0	7.5	8.7	4.1	3.1	8.2
Luxembourg	11.2	8.3	12.9	16.0	11.1	9.0
Hungary	4.4	2.4	7.1	-1.4	1.6	3.7
Malta	10.3	14.2	15.2	10.2	9.1	1.6
Netherlands	c	c	c	c	c	c
Austria	-3.7	-5.2	-4.0	-4.1	-4.5	-2.7
Poland	2.7	2.9	9.4	5.6	2.7	6.2
Portugal	:	:	:	:	:	:
Romania	11.5	-6.5	-8.6	-4.9	-6.1	-7.7
Slovenia	1.6	0.8	1.3	2.1	0.0	0.6
Slovakia	-1.1	1.0	3.6	1.3	1.9	3.3
Finland	-1.5	-0.4	1.5	2.9	-1.5	0.0
Sweden	0.5	0.2	-2.8	2.2	2.7	c
* Calendar adjusted : Data not available c Confidential Source dataset: sts_sepr_m

Services production, calendar and seasonally adjusted indices (base year 2021)
	2024
	May	Jun	Jul	Aug	Sep	Oct
Euro area	114.6	113.3	114.2	114.6	114.5	114.9
EU	114.9	113.6	114.0	114.4	114.6	115.2
Belgium	114.7	113.8	115.3	113.3	112.3	114.5
Bulgaria	116.1	117.1	119.0	119.2	119.4	118.9
Czechia	105.8	105.8	106.3	105.3	105.5	106.1
Denmark	115.4	111.2	115.5	112.8	107.8	109.9
Germany	111.8	110.9	111.6	111.8	111.9	112.2
Estonia	118.2	118.9	119.3	119.4	121.3	121.9
Ireland	c	c	c	c	c	c
Greece	128.2	123.3	121.9	118.7	124.2	120.7
Spain	118.8	117.7	119.2	118.5	119.9	120.0
France	117.4	115.5	116.5	119.3	118.0	118.0
Croatia	115.1	114.8	115.6	114.2	116.7	117.1
Italy	114.0	112.1	113.7	111.4	112.6	113.6
Cyprus	c	c	c	c	c	c
Latvia	112.5	111.6	111.4	110.1	112.4	114.5
Lithuania	113.3	114.2	115.2	113.5	114.0	116.7
Luxembourg	117.9	119.6	122.8	123.1	122.7	124.5
Hungary	112.6	110.8	113.5	109.8	111.1	112.3
Malta	130.2	131.2	131.8	131.1	131.6	130.2
Netherlands	c	c	c	c	c	c
Austria	105.3	104.2	105.6	105.2	104.7	105.9
Poland	120.8	121.2	125.2	123.0	120.8	124.7
Portugal	:	:	:	:	:	:
Romania	151.7	127.7	126.6	128.1	127.2	126.0
Slovenia	116.2	113.0	114.4	116.6	115.3	113.4
Slovakia	95.1	96.7	98.3	98.7	98.8	99.7
Finland	107.0	107.2	107.5	108.4	106.1	106.6
Sweden	109.1	113.9	96.8	104.4	115.8	c
: Data not available c Confidential Source dataset: sts_sepr_m

Services production, calendar adjusted indices (base year 2021)
	2024
	May	Jun	Jul	Aug	Sep	Oct
Euro area	111.8	115.4	113.7	112.0	114.9	117.7
EU	112.1	115.7	113.8	112.0	115.1	117.8
Belgium	110.6	120.6	110.3	102.0	114.6	119.5
Bulgaria	111.5	123.3	129.0	125.7	122.1	117.3
Czechia	103.5	113.7	104.3	98.5	106.0	107.1
Denmark	109.1	113.9	112.4	103.4	108.8	117.6
Germany	110.0	111.5	112.9	108.3	112.0	113.7
Estonia	122.4	120.0	116.2	117.3	123.4	124.6
Ireland	c	c	c	c	c	c
Greece	126.0	146.8	155.4	142.7	148.8	124.8
Spain	116.8	122.7	128.8	111.1	121.1	124.6
France	109.4	117.1	98.9	129.3	116.1	120.9
Croatia	122.6	132.8	146.9	136.6	124.9	107.3
Italy	116.9	113.3	130.2	91.5	114.0	118.0
Cyprus	c	c	c	c	c	c
Latvia	109.5	111.5	112.6	110.7	115.9	117.5
Lithuania	114.2	115.2	115.2	113.0	117.9	123.4
Luxembourg	114.5	120.0	123.5	111.9	119.3	126.1
Hungary	109.1	108.1	115.2	112.5	116.1	117.4
Malta	135.9	140.9	138.7	136.2	132.9	131.0
Netherlands	c	c	c	c	c	c
Austria	97.2	101.5	108.9	101.0	102.2	106.1
Poland	115.9	124.0	124.4	120.5	124.8	127.5
Portugal	:	:	:	:	:	:
Romania	149.4	133.5	130.1	128.1	131.1	131.4
Slovenia	117.3	117.8	114.5	111.7	120.0	117.0
Slovakia	93.6	99.5	97.8	92.8	100.8	104.8
Finland	107.4	111.8	97.8	105.7	107.3	108.7
Sweden	110.9	112.4	105.6	110.0	113.2	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 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.