European Statistical Monitor: April edition

Today, Eurostat released the European Statistical Monitor, a dashboard with monthly and quarterly indicators covering different areas, such as economy, environment, business, health and work.

This monthly updated dashboard is designed to track developments within the EU as a whole and its members, as well as the EFTA countries, providing a holistic overview of key developments. The accompanying Eurostat commentary on the latest developments and the key trends can be accessed by clicking the yellow button located in the top-left corner.

Mixed signals across the economy, with economic sentiment weakening alongside rising inflation and house prices

The latest monthly data shows mixed signals on the development of the EU economy. Industrial production rebounded slightly after a recent decline, while services continued to grow. By contrast, retail trade and production in construction weakened marginally, signalling softer consumer demand. Economic sentiment deteriorated further, reflecting lower confidence among consumers and retailers.

Inflation picked up for a second consecutive month, while house prices continued their steady upward trend, reaching new highs.

Labour market conditions remained favourable, with unemployment stable at a low level. Tourism activity continued to expand, and asylum applications rose but remained at relatively low levels.

The European Statistical Monitor is updated every month with the latest available data for each indicator.