Services output grew by 1.7% in the EU and by 2.1% in the euro area in May, with Romania recording the biggest decline of 11.4%.
Andreea Lificiu
International
https://unsplash.com/
Always see our news on Google
In May 2024, services output grew by 1.7% in the European Union and by 2.1% in the euro area, according to Eurostat. Romania had the most significant decline, of 11.4%, in contrast to major increases in Greece (12.9%), Lithuania (8.9%) and Estonia (7.6%). By segment, 'transportation and storage' services fell by 1.4%, while 'information and communication' rose by 5%. Compared with the previous month, Romania recorded a 1.1% increase in the production of services.
Sources
România a înregistrat cel mai sever declin din UE al producţiei de servicii, în luna mai
Eurostat: România a înregistrat cel mai sever declin din UE al producţiei de servicii, în luna mai
România a înregistrat cel mai sever declin din UE al producţiei de servicii în luna mai, conform datelor Eurostat
Latest News
07:40
Five people, including two minors, accused of terrorism in France
07:20
Fitch maintains Romania's rating at BBB-. The country avoids downgrade to 'junk' status.
23:14
The mayor of Iași announced the cessation of street lighting at night due to the energy crisis. The measure will save approximately 10 MWh per night.
22:41
A SpaceX rocket out of control will crash on the Moon, forming a 27-meter crater.
22:01
Greece is facing new wildfires. A suburb of Athens has already been evacuated.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
