European Statistical Recovery Dashboard: December edition

Today, Eurostat released the December edition of the interactive European Statistical Recovery Dashboard.

The dashboard contains monthly and quarterly indicators from a number of statistical areas relevant to tracking the economic and social recovery from the COVID-19 pandemic, across countries and time.

December highlights: EU industrial production and inflation fall, while economic sentiment improves

After the EU economy grew moderately in Q3 2022, industrial production and retail trade dropped in October 2022, nevertheless remaining above their pre-pandemic levels.

EU inflation fell in November 2022 for the first time in 17 months due to a slowdown in energy prices. In the same month, EU economic sentiment improved for the first time in nine months but remained well below its pre-pandemic level. The latest increase was driven by a rebound in consumer confidence, which more than outweighed a further deterioration of confidence in the industry. Sentiment in services, retail trade and construction remained broadly unchanged.

As regards the EU labour market and excess mortality, in October 2022 the unemployment rate dropped slightly further below its pre-pandemic level, while the excess mortality rate rose for the first time since July 2022.

You can read the full analysis by clicking “Eurostat commentary” on the dashboard’s header. The dashboard is updated every month with the latest available data for each indicator.

The line charts in the dashboard offer many functionalities to easily explore and analyse the development of the indicators, such as displaying a longer time series, comparing several countries, downloading the customised chart or the source dataset.

For more information, you can also visit our website section dedicated to COVID-19, bringing together in one place a wide range of statistics and data published by Eurostat.