Business profit share recorded sharpest drop in the euro area

In the first quarter of 2020, when Member States began to widely introduce COVID-19 containment measures in March 2020, the business profit share dropped to 37.9% in the euro area, compared with 39.6% in the previous quarter.

This decline of the business profit share is the highest since the beginning of the series in 1999.

The business investment rate in the euro area was slightly down to 25.5% in the first quarter of 2020, compared with 25.8% in the previous quarter.

These data come from a first release of seasonally adjusted quarterly European sector accounts from Eurostat, the statistical office of the European Union, and the European Central Bank (ECB).

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