European Statistical Recovery Dashboard: September edition

16/09/2022

On September 16, 2022, Eurostat released the September edition of the interactive European Statistical Recovery Dashboard.
The dashboard contains monthly and quarterly indicators from a number of statistical areas relevant for tracking the economic and social recovery from the COVID-19 pandemic, across countries and time.
September highlightsEU industrial production drops and excess mortality rises

  • After the EU economy expanded in Q2 2022, retail trade rebounded mildly but industrial production decreased in July 2022. EU production in services rose for the fifth month in a row in June 2022 but at a much slower pace compared to the previous month. GDP, industrial production, production in services and retail trade remained above pre-pandemic levels.
  • The EU economy, however, remained vulnerable to shocks in commodity markets caused by the Russian war of aggression against Ukraine. Inflation reached a new record high level in August 2022, driven mainly by high energy and food prices. This is reflected in EU economic sentiment, which decreased for the sixth month in a row in August 2022, dropping further below its pre-pandemic level. The latest decrease was driven by a significant weakening of confidence in industry and, to a lesser extent, services, which was only partially offset by tentative signs of stabilisation of retail trade, construction and consumer confidence.
  • As regards the EU labour market and population, in July 2022 the unemployment rate decreased slightly, falling further below its pre-pandemic level, while the excess mortality rate increased, exceeding its last peak in April.

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.

www.ec.europa.eu/eurostat/