Euro Area Capacity Utilization  Forecast


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Capacity Utilization in Euro Area is expected to be 82.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in Euro Area to stand at 83.20 in 12 months time. In the long-term, the Euro Area Capacity Utilization is projected to trend around 84.80 percent in 2020, according to our econometric models.


Euro Area Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 1.44 1.05 1.02 0.98 0.95 1
Manufacturing PMI 60 57.7 57.5 56.8 57 53.1
Services PMI 56.2 55.9 55.7 55.4 55.2 53.3
Composite Pmi 57.5 56.5 56.4 56.3 55.9 51.9
Industrial Production 3.3 3.1 3.3 3.2 3.4 2.4
Industrial Production Mom -0.6 0.4 0.2 0.3 0.3 0.1
Manufacturing Production 4.4 3.7 3.6 3.4 3.2 3.9
Capacity Utilization 83.8 82.9 83 83.1 83.2 84.8
Changes In Inventories 3.48 4.08 4.59 5.35 5.89 5.9
Zew Economic Sentiment Index 30.9 29 25 24 26 32
Car Registrations 906 904 908 871 902 948
Mining Production -5.5 0.4 1.5 2 1.9 2.1