Short-term business statistics

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Short-term business statistics (STS) are economic statistics published by Eurostat, the statistical office of the European Commission. They cover all member states of the European Union and - in some areas - also third countries, and provide aggregated results for the euro area and the EU.

Short-term business statistics provide information on the economic development of four major domains: industry, construction, trade, and services. These domains are defined in relation to a classification of economic activities, the NACE Rev.2 (Statistical Classification of Economic Activities in the European Community, second revision).

For the four domains the following variables are reported (most on a monthly, some on a quarterly basis):

• Industry: Production, turnover (domestic and non-domestic), number of persons employed, hours worked, gross wages and salaries, producer prices (domestic and non-domestic), import prices.
• Construction: Production (total, of buildings and of civil engineering), number of persons employed, hours worked, gross wages and salaries, construction prices and costs (material costs, wage costs), construction permits.
• Trade: Trade volume, turnover, number of persons employed, hours worked, gross wages and salaries.
• Services: Production, turnover, output prices (service producer prices), number of persons employed, hours worked, gross wages and salaries.

The legal base[https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Short-term_business_statistics_-_legal_base Eurostat - Statistics Explained: Short-term business statistics - legal base] for the European short-term business statistics is Regulation (EU) 2019/2152 of the European Parliament and of the Council of 27 November 2019.[https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX%3A32019R2152 Regulation (EU) 2019/2152 of the European Parliament and of the Council of 27 November 2019, repealing 10 legal acts in the field of business statistics, Official Journal of the European Communities. L 372/1, 17.12.2019.]