Euro area services production declined -0.2% MoM in July 2025 (after -0.1% in June), while annual growth eased to +1.2% YoY; EU output fell -0.1% MoM but remained stronger at +1.8% YoY.

• In the euro area, transportation & storage and information & communication both rose +0.6% MoM, partially offsetting declines in real estate (-1.2%), accommodation & food (-0.5%), professional services (-0.4%), and administrative support (-0.4%).

• In the EU, similar trends were observed: transportation & storage (+1.1%) and information & communication (+0.7%) gained, while real estate (-1.5%) and accommodation & food (-0.7%) weighed on the headline.

• Member States: Luxembourg (+9.4%), Belgium (+2.1%), and Romania (+1.9%) posted the largest monthly increases, while Slovakia (-1.8%), Estonia (-1.4%), and Slovenia (-1.0%) saw the sharpest declines.

• On a YoY basis, euro area growth was led by information & communication (+3.9%), followed by transportation & storage (+1.2%), accommodation & food (+1.2%), and administrative services (+1.1%); real estate (-0.9%) and professional services (-0.1%) declined.

• In the EU, information & communication (+4.5%), transportation & storage (+2.5%), and administrative services (+1.3%) led gains, while real estate (-1.3%) was the only major drag.

• Country breakdown (YoY): Greece (+15.8%), Lithuania (+11.1%), and Denmark (+9.0%) saw the largest annual increases, while Luxembourg (-44.0%), Austria (-1.3%), and Slovakia (-0.6%) recorded declines.