European services sector maintains upward path despite wider stagnation

The European Union has seen a significant divergence in its economic sectors as of October 2025, with services recording a substantial 16.4 per cent increase since the start of the pandemic while trade and construction remain nearly unchanged, according to Eurostat.

This growth in the production of services stands in sharp contrast to the performance of industrial production, which grew by a more modest 2.3 per cent compared with February 2020, just before the onset of the global health crisis.