Euro area sees slight decline in total market production

Total market production increased by 0.2 per cent in the European Union, while it decreased by 0.1 per cent in the euro area during December 2025, compared with the previous month, according to Eurostat.

The total market production index (TMPI) is a composite indicator that combines four short-term business statistics indicators covering most of the market economy, Eurostat officials explained.

These specific indicators encompass production in industry, construction and services as well as the trade volume, the report noted.

The rise of the total market production in the EU in December was driven by increases in construction and trade volume, which grew by 1.2 per cent and 1.0 per cent respectively, the statistical office confirmed.

Services saw a smaller increase of 0.3 per cent during the same period, the data showed.

Industry observed a decline of 0.8 per cent, which offset some of the gains made in other sectors, the researchers added.

Compared with December of the previous year, the total market production increased by 1.2 per cent in the EU, the report highlighted.

The euro area also saw positive annual movement with an increase of 0.9 per cent when measured against December 2024, the office stated.

This composite indicator provides a broad view of the market economy by integrating the latest short-term business statistics, the statisticians concluded.

The trade volume specifically played a significant role in maintaining the upward momentum for the Union as the year came to a close, the agency mentioned.