Economy
State of competitiveness of industry in Europe and member states
On 25 September, the European Commission will publish the annual report on the competitiveness of EU industry as well as the annual report on member states' competitiveness performance and policies, which includes the updated industrial performance scoreboard. The purpose of these reports is to provide an overview of the performance of EU manufacturing industries so as to provide evidence-based indicators for the evaluation of EU industrial policy targets.
With recent trends showing a recovery in industrial production, the competitiveness report assesses the drivers of competitiveness that determine both price competitiveness and non-price competitiveness. In addition, factors such as labour productivity growth, unit labour costs (ULC), patenting and innovation activities are analysed.
To facilitate reform and policy learning, the report on member states' competitiveness performance compares the industrial performance in the EU and of individual member states in five key areas: innovation and sustainability; export performance; business environment and infrastructure; finance and investment; and productivity and skills.
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