In April 2024, complete market manufacturing elevated by 0.7% within the EU and 0.3% within the euro space in contrast with the earlier month.
The entire market manufacturing index (TMPI) is a composite indicator that mixes 4 short-term enterprise statistics indicators masking a lot of the market economic system, i.e. manufacturing in business, development, commerce and companies.
This data comes from information on market manufacturing revealed by Eurostat.
In contrast with the identical month of the earlier 12 months, complete market manufacturing elevated by 1.1% within the EU and by 1.0% within the eurozone. Within the EU this was associated to a rise in companies manufacturing (+4.2%) and commerce (+2.2%), whereas industrial manufacturing and development recorded decreases (-2.0% and -0.9%, respectively).
Supply dataset: sts_tot_prod_m
Extra data
- Statistics Defined article on complete market manufacturing (quantity) index overview
- Thematic part on short-term enterprise statistics
- Database on short-term enterprise statistics
Methodological notes
- The entire market manufacturing index (TMPI) covers business, development, commerce and companies, i.e. it combines all areas at the moment coated by short-term statistics (STS) indicators underneath the European Enterprise Statistics Regulation. When it comes to NACE Rev. 2 (statistical classification of financial actions) the protection of the TMPI contains:
- Business: NACE sections B (mining and quarrying), C (manufacturing), D (electrical energy, gasoline, steam)
- Building: NACE part F
- Commerce: NACE part G, i.e. commerce and restore of motor autos (G45), wholesale commerce (G46) and retail commerce (G47)
- Companies: Divisions H (transport), I (lodging and meals companies), J (data and communication), L (actual property actions), M (skilled and technical companies), N (enterprise help companies)
- The evolution of the TMPI and quarterly gross home product (GDP) is kind of related, though there are additionally variations that turn into extra pronounced with rising distance from the bottom 12 months. Aside from the restricted protection of the TMPI, there are a number of different methodological causes for the variations, these are additionally defined within the associated Statistics Defined article.