Luxembourg reported the biggest seasonally adjusted services production increase in the EU in October 2024, with a 9.0% gain year-on-year, preliminary data from Eurostat has revealed.
Other countries to report a high increase in services production for the month included Lithuania (+8.2%), Estonia (+6.7%), Poland (+6.3%) and Bulgaria (+5.6%).
At the other end of the scale, Denmark reported a 10.3% decrease in services production for the month, Greece was 8.8% lower, Romania was down 7.7%, Austria was 2.7% lower and Italy’s services production fell by 0.3%.
European Union growth
Seasonally adjusted services production grew by 1.5% in the EU in October 2024, compared to the same month the previous year, and by 1.2% in the euro area.
On a year-on-year basis, across the European Union, services production decreased for transportation and storage by 1.6%, and increased for accommodation and food services by 0.6%.
Elsewhere, information and communication rose by 4.3%, real estate activities increased by 1.5%, professional, scientific, and technical activities grew by 2.0%, and administrative and support services increased by 0.5%.
On a month-on-month basis, compared to September 2024, services production increased by 0.3% in the euro area and by 0.5% in the EU, according to Eurostat.
No data was available for Ireland, Cyprus, the Netherlands and Sweden. Read more here.
Services production increase/decrease by EU member state, October 2024
| Country | Production Change (%) |
|---|---|
| Luxembourg | 9.0 |
| Lithuania | 8.2 |
| Estonia | 6.7 |
| Poland | 6.3 |
| Bulgaria | 5.6 |
| Spain | 3.9 |
| Hungary | 3.7 |
| Slovakia | 3.3 |
| Belgium | 3.2 |
| France | 2.7 |
| Latvia | 2.1 |
| Czechia | 2.0 |
| Malta | 1.6 |
| Croatia | 1.4 |
| Germany | 1.2 |
| Finland | 0.9 |
| Slovenia | 0.6 |
| Italy | -0.3 |
| Austria | -2.7 |
| Romania | -7.7 |
| Greece | -8.8 |
| Denmark | -10.3 |
