Short-term business statistics — Overview
What are short-term business statistics?
Short-term business statistics, abbreviated as STS, are the earliest statistics released to show emerging trends in the European economy. STS provide data for the major economic domains:
- Services (excluding financial and public services).
The major advantage of the monthly released STS data is that they are available very shortly after the end of the reference month. For example, data on retail trade turnover are published as early as 30 days after the reference month and data on industrial production are published after 60 days.
STS are available for the EU, the euro area, the Member States and also for some third countries. STS are key instruments in formulating and monitoring the 'European Monetary Policy' and provide important information for national policy makers, businesses and academia.
More detailed information on coverage, sources, comparability etc. can be found under 'Information on data'.
What information can I find here?
STS describes economic developments by a series of indicators (STS indicators) such as production, turnover, prices, number of persons employed, gross wages and salaries and several more.
STS indicators are published as indices which show the changes of the indicator in comparison with a fixed reference year and in terms of growth rates, but not in absolute values.
STS indicators are generally published with a monthly frequency. There are however some indicators (e.g. labour input, service turnover, service producer prices) which are only available with a quarterly frequency.
Our news releases provide you the latest monthly or quarterly figures on developments in industry, construction and retail trade.
This online publication contains articles on the impact of the Covid-19 crisis on short-term business statistics (STS) indicators.
How has industrial production in your country developed over the last months compared to the EU or the euro area? Our visualization tool will show you.
With this economic dashboard you can analyse short-tem developments for several areas in one glance.