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.
EU industrial production rises, economic sentiment continues to fall and house prices at a record high
According to the latest monthly data, the EU economy showed some signs of stress, while remaining broadly stable overall. Industrial production expanded, but the services sector, retail trade and international trade in goods weakened. Meanwhile, overall economic sentiment declined further, mainly due to lower confidence in the industry sector.
Inflation picked up slightly, and house prices reached a historic high.
Unemployment continued its low and stable path, while the number of first-time asylum applicants saw another decrease.
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.