# European Union (EU27) - Changes in inventories

European Union (EU27) - Changes in inventories was down 59.7% year on year in Q2 2026, compared with 26.4% in Q1 2026.
The level stood at 18,875 Current prices, million euro.
That is the lowest reading since Q1 2024.
Over the past ten years it has ranged from −212.8% (Q3 2020) to 3,504.8% (Q1 2025), averaging 146.7%.

- Source agency: Eurostat (Statistical Office of the European Union)
- Makrognosis code: `EU.INVENTORIES.Q.NOM`
- Frequency: quarterly
- Units: Current prices, million euro
- Coverage: 1995-01-01 to 2026-04-01 (126 observations)
- Page: https://makrognosis.robomacro.com/data/european-union/eu27-changes-in-inventories

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 18,875 Current prices, million euro | −59.7 |
| Q1 2026 | 34,748 Current prices, million euro | 26.4 |
| Q4 2025 | 21,859 Current prices, million euro | −20.7 |
| Q3 2025 | 40,657 Current prices, million euro | 3.2 |
| Q2 2025 | 46,892 Current prices, million euro | 158.8 |
| Q1 2025 | 27,490 Current prices, million euro | 3,504.8 |
| Q4 2024 | 27,553 Current prices, million euro | 1,175.1 |
| Q3 2024 | 39,408 Current prices, million euro | 196.9 |
| Q2 2024 | 18,121 Current prices, million euro | −37.9 |
| Q1 2024 | 762.6 Current prices, million euro | −97.6 |
| Q4 2023 | 2,160.9 Current prices, million euro | −96.4 |
| Q3 2023 | 13,274 Current prices, million euro | −86.8 |
| Q2 2023 | 29,199 Current prices, million euro | −70.0 |
| Q1 2023 | 31,281 Current prices, million euro | −61.3 |
| Q4 2022 | 59,718 Current prices, million euro | −21.0 |
| Q3 2022 | 100,254 Current prices, million euro | 142.6 |
| Q2 2022 | 97,363 Current prices, million euro | 236.5 |
| Q1 2022 | 80,879 Current prices, million euro | 96.8 |
| Q4 2021 | 75,640 Current prices, million euro | 711.6 |
| Q3 2021 | 41,323 Current prices, million euro | — |
| Q2 2021 | 28,938 Current prices, million euro | 165.6 |
| Q1 2021 | 41,098 Current prices, million euro | 38.6 |
| Q4 2020 | 9,319.7 Current prices, million euro | −9.0 |
| Q3 2020 | −17,886 Current prices, million euro | −212.8 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/EU.INVENTORIES.Q.NOM"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/EU.INVENTORIES.Q.NOM",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```