Eurostat has released the European Statistical Monitor, a dashboard with short-term indicators covering different areas, such as economy, environment, business, health and work.
This monthly updated dashboard is designed to track developments within the EU as a whole and its members, as well as the EFTA countries, providing a holistic overview of key developments. It focuses on monthly and quarterly indicators, ensuring up-to-date insights and includes a commentary, focusing on recent changes and trends.
The EU economy grows moderately, with stable business development and decreasing environmental impact
The EU economy saw moderate overall expansion in GDP in Q4 2024 – albeit with small declines in some large EU countries – and continued low unemployment in December 2024. Economic sentiment stabilised in January 2025, alongside a first decline in bankruptcy declarations in three years, and a rise in new business registrations in Q4 2024.
When looking at monthly business indicators, industrial production in December 2024 continued its pattern of monthly fluctuations and slightly declined, while production in services continued expanding in November and retail trade remained stable in December.
As the EU maintains moderate economic growth while reducing its environmental impact, greenhouse gas emissions remain on a downward trend, and concentration of air pollutants in EU capitals remained lower in most months of 2024 compared to the previous two years. In November 2024, electricity consumption increased compared to the previous month but remained lower than in the same period of the previous year. Coupled with a steadily growing share of electricity generated from renewable sources, these are positive developments for economic and environmental stability.
You can read the full analysis by opening the Eurostat commentary linked in the dashboard’s header.
The European Statistical Monitor is updated every month with the latest available data for each indicator.
