Industrial Production In the Euro Area increased 20.50 percent in May of 2021 over the same month in the previous year. Figures were below market forecasts of a 22.2 percent rise. source: EUROSTAT
Industrial Production in the Euro Area averaged 0.89 percent from 1991 until 2021, reaching an all time high of 39.40 percent in April of 2021 and a record low of -28.70 percent in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Industrial Production in Euro Area is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Euro Area to stand at 4.70 in 12 months time. In the long-term, the Euro Area Industrial Production is projected to trend around 3.60 percent in 2022 and 2.00 percent in 2023, according to our econometric models.