Euro area services production falls in June as Cyprus records mixed sector performance

Nicosia, Cyprus. Services production across the euro area fell in June as growth in the sector lost momentum, while Cyprus recorded mixed performance across service industries.

According to Eurostat, seasonally adjusted services production decreased by 0.3 per cent in the euro area and by 0.2 per cent across the EU compared with May.

Monthly developments

The decline followed growth of 0.7 per cent in both the euro area and the EU in May.

In the euro area, the monthly fall was driven primarily by a 1 per cent decline in real estate, a 0.7 per cent fall in professional, scientific and technical activities, and a 0.4 per cent decrease in administrative and support services.

These declines were partly offset by an 0.8 per cent increase in information and communication services. Transport and storage, as well as accommodation and food services, each rose by 0.1 per cent.

Across the EU, information and communication services increased by 0.7 per cent and accommodation and food services rose by 0.1 per cent, while transport and storage remained unchanged.

Member state results

Among member states with available data, Latvia recorded the largest monthly decline, at 3.7 per cent, followed by Germany at 2.1 per cent and Bulgaria at 1.1 per cent.

Luxembourg posted the strongest increase, at 7.8 per cent, followed by Portugal at 3.1 per cent and Lithuania at 2.6 per cent.

Cyprus recorded growth in professional services and transport, while accommodation and administrative activities weakened.

Annual comparison

Compared with June 2025, services production was 1.5 per cent higher in both the euro area and the EU.

Information and communication was the strongest-performing major service category on an annual basis, rising by 5.2 per cent in the euro area and 4.9 per cent across the EU.