EU total market production declines slightly in June

The total market production index fell by 0.1% in the EU and 0.2% in the euro area in June on a monthly basis, according to official figures released on Monday.

Eurostat published data showing that the total market production increased by 1% in the EU and 0.7% in the euro area compared with June of the previous year.

The statistical office defined the total market production index as a composite indicator combining four short-term business statistics covering industry, construction, services and trade volume.

Construction and services drove the monthly decline in the EU, dropping by 1% and 0.2% respectively.

Trade volume saw a small increase of 0.3% during the month, while the figure for industry remained stable in June.