Euro Area Industrial Production  1991-2018 | Data | Chart | Calendar

Industrial production in the Euro Area rose by 2.9 percent year-on-year in February 2018, following an upwardly revised 3.7 percent increase in the previous month and missing market expectations of 3.8 percent. Output growth slowed for intermediate, capital and consumer goods while energy production rebounded sharply. On a monthly basis, output fell unexpectedly by 0.8 percent, missing expectations of a 0.1 percent gain. Industrial Production in the Euro Area averaged 1.15 percent from 1991 until 2018, reaching an all time high of 9.20 percent in December of 2010 and a record low of -21.40 percent in April of 2009.

Euro Area Industrial Production
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Eurozone Industrial Output Growth Weaker than Expected


Industrial production in the Euro Area rose by 2.9 percent year-on-year in February 2018, following an upwardly revised 3.7 percent increase in the previous month and missing market expectations of 3.8 percent. Output growth slowed for intermediate, capital and consumer goods while energy production rebounded sharply.

Year-on-year, output growth slowed for: intermediate goods (2.9 percent vs 5.2 percent in January); capital goods (2.2 percent vs 8.8 percent); durable consumer goods (0.8 percent vs 4.9 percent); and non-durable consumer goods (2.4 percent vs 2.7 percent). Meanwhile, energy production surged 5.7 percent, rebounding from a sharp decline of 8.9 percent in the previous month.

In the EU28, industrial output went up 3.1 percent (vs 3.7 percent in January), as output increased at softer pace for: intermediate goods (3.1 percent vs 5.3 percent); capital goods (3.2 percent vs 8.6 percent); durable consumer goods (1.4 percent vs 5.1 percent); and non-durable consumer goods (2.2 percent vs 2.5 percent). By contrast, energy production advanced by 4.6 percent, recovering from a 6.5 percent fall in January.

Among Member States for which data are available, the highest increases in industrial production were registered in Latvia (8.7 percent), Poland (7.5 percent) and Slovenia (7.2 percent), and the largest decreases in Malta (-7.7 percent), Greece (-1.9 percent) and Bulgaria (-1 percent). 

On a monthly basis, output fell unexpectedly by 0.8 percent in February, missing market expectations of a 0.1 percent gain and following a downwardly revised 0.6 percent contraction in January. It was the steepest decline in industrial production since last June, as output fell for capital goods (-3.6 percent vs 0.6 percent), durable consumer goods (-2.1 percent vs -1.3 percent), intermediate goods (-0.8 percent vs -1.1 percent) and non-durable consumer goods (-0.5 percent vs 0.4 percent). By contrast, energy production jumped 6.8 percent after a 5.4 percent drop in the previous month.

In the EU28, output shrank 0.7 percent, following a decrease of 0.3 percent in January, due to falls in capital goods (-2.7 percent vs 0.9 percent), durable consumer goods (-1.6 percent vs -0.8 percent), intermediate goods (-1 percent vs -0.8 percent) and non-durable consumer goods (-0.4 percent vs flat reading). Production of energy, however, grew 5.1 percent (vs -2.8 percent in January).

Among Member States for which data are available, the largest decreases in industrial production were registered in Lithuania (-3.9 percent), Estonia (-2.7 percent), Malta and Portugal (both -2.3 percent), and the highest increases in Latvia and the Netherlands (both 3.9 percent), and Croatia (2.1 percent).



Eurostat | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/12/2018 9:39:07 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-02-14 10:00 AM Industrial Production YoY 5.2% 3.7% 4.2% 3.6%
2018-03-14 10:00 AM Industrial Production YoY 2.7% 5.3% 4.7% 4.8%
2018-04-12 09:00 AM Industrial Production YoY 2.9% 3.7% 3.8% 3.8%
2018-05-15 09:00 AM Industrial Production YoY 2.9% 3.4%
2018-06-13 09:00 AM Industrial Production YoY 3.6%
2018-07-12 09:00 AM Industrial Production YoY 3.2%


Euro Area Business Last Previous Highest Lowest Unit
Business Confidence 1.34 1.48 1.59 -3.76 Index Points [+]
Manufacturing PMI 56.00 56.60 60.60 33.50 [+]
Services PMI 55.00 54.90 58.30 39.20 Index Points [+]
Composite Pmi 55.20 55.20 58.80 45.70 Index Points [+]
Industrial Production 2.90 3.70 9.20 -21.40 percent [+]
Industrial Production Mom -0.80 -0.60 3.20 -4.00 percent [+]
Manufacturing Production 2.50 6.00 10.10 -21.70 percent [+]
Capacity Utilization 84.40 83.80 85.30 69.60 percent [+]
Changes In Inventories 7.19 10.12 26.08 -26.54 EUR Billion [+]
Zew Economic Sentiment Index 1.90 13.40 89.90 -63.70 [+]
Car Registrations 944.73 950.23 1130.00 669.00 Thousand [+]
Mining Production 3.10 -13.00 42.30 -26.70 percent [+]


Euro Area Industrial Production

In Euro Area, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - Euro Area Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Industrial Production - actual data, historical chart and calendar of releases - was last updated on April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.90 3.70 9.20 -21.40 1991 - 2018 percent Monthly




industrial production by Country
Country Last
Australia 1.70 Dec/17
Brazil 2.80 Feb/18
Canada 2.38 Jan/18
China 6.00 Mar/18
Euro Area 2.90 Feb/18
France 4.00 Feb/18
Germany 2.60 Feb/18
India 7.10 Feb/18
Indonesia -3.50 Feb/18
Italy 2.50 Feb/18
Japan 2.20 Mar/18
Mexico 0.70 Feb/18
Netherlands 6.30 Feb/18
Russia 1.00 Mar/18
South Korea -6.40 Feb/18
Spain 3.10 Feb/18
Switzerland 8.70 Dec/17
Turkey 9.90 Feb/18
United Kingdom 2.20 Feb/18
United States 4.30 Mar/18


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