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 remains on a moderate growth path, supported by stable inflation and a resilient labour market
The EU economy remained on a steady growth path, with a steadily expanding GDP and stable inflation. Unemployment and labour market slack remained low, while employment continued to rise. However, job vacancies declined further, and economic sentiment weakened, showing signals of decreasing confidence in the economic outlook.
Among the monthly economic indicators, industrial production picked up slightly, while retail trade volumes declined, and services output slipped from its historic high.
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.