European Statistical Monitor: March edition

Today, Eurostat released the European Statistical Monitor, a dashboard with short-term indicators covering different areas, such as economy, environment, business, health and work.

This monthly updated dashboard is designed to track developments within the EU as a whole and its members, as well as the EFTA countries, providing a holistic overview of key developments. It focuses on monthly and quarterly indicators, ensuring up-to-date insights and includes a commentary, focusing on recent changes and trends.

The EU economy continues its gradual expansion and labour markets remain positive

In the final quarter of 2024, the EU economy remained on a steady growth path, with moderate GDP expansion, a stable job vacancy rate, record-low labour market slack and record high employment. January unemployment maintained its historic low reached in the end of 2024.

Among monthly business indicators, industrial production in January saw a slight expansion, maintaining its stable development. Meanwhile, production in services continued to rise and reached a new historic high in December 2024. By contrast, retail trade declined moderately in January 2025.

EU annual inflation fell in February 2025, returning to its December 2024 level. Meanwhile, EU economic sentiment showed a slight improvement.

In December 2024, the numbers of non-EU citizens applying for asylum in the EU for the first time reached their lowest level since June 2022. Excess mortality declined consistently over the three last months of 2024. 

You can read the full analysis by opening the Eurostat commentary linked in the dashboard’s header.

The European Statistical Monitor is updated every month with the latest available data for each indicator.