In April 2024, total market production increased by 0.7% in the EU and 0.3% in the euro area compared with the previous month.
The total market production index (TMPI) is a composite indicator that combines 4 short-term business statistics indicators covering most of the market economy, i.e. production in industry, construction, trade and services.
This information comes from data on market production published by Eurostat today.
Compared with the same month of the previous year, total market production increased by 1.1% in the EU and by 1.0% in the euro area. In the EU this was related to an increase in services production (+4.2%) and trade (+2.2%), while industrial production and construction recorded decreases (-2.0% and -0.9%, respectively).
Source: Eurostat
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