EU services production: up by 0.3 % in August

November 8, 2023


n August 2023, the production of services (excluding financial and public services) increased by 0.3% in the EU and by 0.5 % in the Euro Area compared with July 2023.

Compared with August 2022, services production increased by 2.4 % in the EU and by 2.9 % in the Euro Area.

This information comes from data on services production published by Eurostat today. For more details on the production of the different services industries, consult the Statistics Explained article on the services production index.

The index of services production (ISP) is a business indicator which measures the monthly changes of the production volume of the services industries (excluding financial and public services).

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