Services production declines slightly in April across Euro area and EU
by CIJ News iDesk III 
2025-07-08 
markets
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Services production in both the euro area and the European Union decreased by 0.3% in April 2025 compared with March, according to preliminary estimates from Eurostat, the statistical office of the European Union. This decline follows growth in March, when services production rose by 0.8% in the euro area and by 0.7% in the EU. Despite the monthly decline, services output in April 2025 remained higher than a year earlier. Compared with April 2024, production increased by 0.7% in the euro area and by 1.1% in the EU. Within the euro area, month-on-month results varied by sector. Transportation and storage grew by 0.4%, and accommodation and food services rose by 1.1%. However, production fell in information and communication by 1.9%, in real estate activities by 0.5%, and in administrative and support services by 0.4%. Professional, scientific, and technical activities saw a modest increase of 0.2%. In the wider EU, transportation and storage grew by 0.4%, while accommodation and food services rose by 1.0%. Declines were recorded in information and communication, down 1.5%, and real estate activities, down 0.1%. Professional, scientific, and technical activities rose by 0.5%, while administrative and support services decreased by 0.2%. Among EU member states, the sharpest monthly declines were reported in Denmark, where services production fell by 2.1%, Slovenia with a 1.3% decrease, and Hungary with a 1.2% drop. Conversely, the strongest gains were recorded in Greece, up 4.6%, Luxembourg, up 3.9%, and Slovakia, up 2.2%. Over the year, results were more positive. In the euro area, production remained stable for transportation and storage but increased in accommodation and food services by 2.8%, information and communication by 2.1%, real estate activities by 1.3%, and professional, scientific, and technical activities by 0.1%. Administrative and support services experienced a slight decrease of 0.2%. Across the EU, annual figures showed increases in transportation and storage by 1.5%, accommodation and food services by 2.6%, information and communication by 2.0%, real estate activities by 0.9%, professional, scientific, and technical activities by 0.6%, and administrative and support services by 0.1%. On an annual basis, Greece reported the strongest growth among member states with an 11.9% increase in services production, followed by Denmark at 8.1% and Lithuania at 7.9%. The largest declines were recorded in Malta, down 2.9%, Slovenia, down 2.0%, and both Bulgaria and Austria, which saw decreases of 0.8%. Source: eurostat