Wednesday, 5 November 2025
Market production in the European Union edged down in June 2025, according to Eurostat data released today. The Total Market Production Index (TMPI), which tracks industry, construction, trade, and services, declined by 0.2 percent in the EU compared with May, while the euro area recorded a sharper fall of 0.4 percent.
The decrease in the EU was largely driven by lower industrial production, which fell by 1.0 percent, alongside declines in construction (–0.5 percent) and services (–0.1 percent). Trade activity was the only component to grow, rising by 0.6 percent.
On an annual basis, however, market production remained in positive territory. Compared with June 2024, the TMPI increased by 2.2 percent in the EU and by 1.9 percent in the euro area.
The TMPI is a composite indicator under the European Business Statistics Regulation, combining data from short-term statistics across most of the market economy. It covers industry (mining, manufacturing, and energy), construction, trade (including motor vehicles, wholesale, and retail), and a broad range of services such as transport, accommodation, ICT, real estate, and professional and business support services.
While the index generally moves in line with GDP trends, Eurostat notes that differences in coverage and methodology can lead to divergences, particularly over longer periods.
Source: Eurostat – Total Market Production Index, June 2025.
