European Statistical Monitor: August edition

 



The EU economy continues to grow, amid increased bankruptcy declarations and rising greenhouse gas emissions

The EU economy continues a moderate expansion with stable GDP growth, along with an increase in both bankruptcy declarations and business registrations. This growth follows a quarter of rising greenhouse gas emissions and increases in the general government gross debt-stock.

Looking at monthly business indicators, while industrial production fell compared to the previous month, retail trade and production in services both rose, the latter reaching an historical high. 
Economic sentiment also improved, mainly due to increased confidence in industry, services and retail trade. However, it remains below its long-term average.


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