News Articles

• Eurostat released 2025 data on household material welfare, showing that actual individual consumption (AIC) per capita across the 27 EU countries ranges from 73% to 145% of the EU average. • Luxembourg, Ireland, and the Netherlands reported the highest GDP per capita, while Greece, Bulgaria, and Latvia recorded the lowest levels. • The report emphasizes that AIC is a superior indicator of material welfare compared to GDP because it accounts for all goods and services used by households, including those provided by governments and nonprofits.

• Eurostat released the June edition of the European Statistical Monitor, a dashboard providing monthly and quarterly indicators on the EU's economy, environment, business, health, and work. • Key economic data shows employment reaching a historic high and labour market slack decreasing, while unemployment and job vacancy rates remained steady. • Mixed business trends were reported, with a mild increase in industrial production contrasted by a decline in retail trade volume and economic sentiment remaining below its long-term average.

• EU household energy consumption fell to 9.54 million terajoules in 2024, marking a 0.2% decrease from 2023 and the third consecutive year of decline since a 2021 peak of 10.98 million terajoules. • The residential sector accounted for 26.0% of the EU's total final energy consumption in 2024. • Natural gas remained the primary energy source for households at 29.4%, followed by electricity at 26.9% and renewables/biofuels at 22.8%.

• Eurostat has released a fully revamped edition of its "Key figures on European business" report to provide a comprehensive snapshot of EU business activity. • The updated publication features a more streamlined structure and introduces new indicators to improve data accessibility and relevance. • This overhaul matters as it ensures policymakers and analysts have the most up-to-date and comprehensive data on the European business landscape.