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Eurostat Data Indicates Sustained Service Sector Growth In The EU

Eurostat released encouraging figures for January 2026, revealing continued robust growth in the service sector across the euro area and the broader European Union. The data highlights month-over-month and year-over-year improvements, underscoring a resilient recovery in key service industries.

Positive Momentum Across Regions

Seasonally adjusted data show services output increased by 1.2% in the euro area and 0.6% in the EU compared with December 2025. Previous data showed no growth in the euro area and a 0.4% increase in the EU. The latest figures indicate faster growth compared to the previous month.

Sector-Specific Performance

Information and communication grew by 4.3% in the euro area. Transportation and storage increased by 1.1%, while real estate and professional, scientific, and technical activities rose by 0.4% and 0.2%. Accommodation and food services declined by 0.7%, and administrative and support services fell by 0.5%.

Annual Trends And National Variations

Year-on-year, services output increased by 1.5% in the euro area and 1.4% in the EU compared with January 2025. Estonia recorded the highest monthly growth at 22.1%, followed by Greece at 4.9% and Germany at 2.9%. Romania, Denmark, and Poland recorded the largest monthly declines. On an annual basis, Estonia grew by 20.0%, while Romania, Hungary, and Luxembourg declined.

Implications For A Digital-Driven Economy

Information and communication services increased by 6.6% year-on-year in the euro area. Growth in this segment reflects expanding activity in digital services. The data indicate continued demand for digital infrastructure and related services across the region.

EU Records €220.5 Billion Pharmaceutical Trade Surplus In 2025

The European Union secured a historic trade surplus in medicinal and pharmaceutical products in 2025, according to a report from Eurostat. Export figures reached €366.2 billion while imports totaled €145.7 billion, leading to a surplus of €220.5 billion.

Robust Growth In Exports And Imports

Exports increased by 16.0% from €315.7 billion in 2024. Imports rose by 21.0% from €120.4 billion over the same period. The data show continued expansion in trade volumes across the sector.

Leading National Performances

Ireland recorded the highest exports to non-EU countries at €93.8 billion. Germany and Belgium followed with €67.9 billion and €38.5 billion, respectively. Italy led imports at €27.5 billion, with Belgium and Germany also recording significant volumes.

Global Trade Partnerships

The United States was the largest destination for EU exports, accounting for 43.8% or €160.6 billion. Switzerland followed with 16.3% (€59.7 billion), while the United Kingdom accounted for 5.6% (€20.6 billion). On the import side, the United States supplied 41.2% of total imports (€60.1 billion), followed by Switzerland at 28.4% (€41.4 billion) and China at 9.0% (€13.1 billion).

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