Today, Eurostat released the February edition of the interactive European Statistical Recovery Dashboard. The dashboard contains monthly and quarterly indicators from a number of statistical areas relevant to tracking the economic and social recovery from the COVID-19 pandemic, across countries and time. February highlights: The EU economy showed zero growth in Q4 2022, avoiding a contraction despite exceptional adverse shocks. In the same quarter, bankruptcy declarations in the EU continued to accelerate, rising above pre-pandemic levels. EU industrial production and retail trade fell in December 2022, while production in services dropped in November, all remaining however above their pre-pandemic levels. In contrast, the EU labour market continued to perform strongly in December, with the unemployment rate remaining stable, below its pre-pandemic level. Inflation showed signs of a further fall across EU Member States in January 2022, mainly due to a fall in energy prices. In this context, EU economic sentiment continued to improve in January but remained well below its pre-pandemic level. The latest increase was driven by strong improvements in industry, services, retail trade and consumer confidence, while confidence declined in construction. (....)