In September 2024, total market production decreased by 0.6% in the EU and 0.7% in the euro area compared to the previous month.
The total market production index (TMPI) is a composite indicator that combines four short-term business statistical indicators that cover most of the market economy, that is, production in industry, construction and services, as well as the volume of trade.
The decrease in total market output in the EU in September was due to a fall in industrial production (-1.8%), services (-0.2%) and construction (-0.1%), while trade saw an increase (+0.3%).
Compared to the same month last year, total market production decreased by 0.4% in both the EU and the euro area.
More information at EUROSTAT
