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

Industrial production in the Euro Area rose by 3.0 percent year-on-year in March of 2018, following a downwardly revised 2.6 percent increase in the previous month but missing market expectations of a 3.7 percent gain. Output grew faster in all categories, except intermediate goods which rose less. On a monthly basis, output went up 0.5 percent, reversing from an upwardly revised 0.9 percent fall in February and below market expectations of a 0.7 percent rise. 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 Rises at a Faster 3.0%


Industrial production in the Euro Area rose by 3.0 percent year-on-year in March of 2018, following a downwardly revised 2.6 percent increase in the previous month but missing market expectations of a 3.7 percent gain. Output grew faster in all categories, except intermediate goods which rose less. On a monthly basis, output went up 0.5 percent, reversing from an upwardly revised 0.9 percent fall in February and below market expectations of a 0.7 percent rise.

Year-on-year, output grew significantly for: energy (8.1 percent vs 4.8 percent in February); capital goods (2.7 percent vs 2.1 percent) and durable consumer goods (2.6 percent vs 0.9 percent). In contrast, production slowed for intermediate goods (1.6 percent vs 2.5 percent) and non-durable consumer goods (1.8 percent vs 2.0 percent).

In the EU28, industrial output advanced 3.0 percent (2.9 percent in February), as output went up at a faster pace for: energy (7.9 percent vs 4.1 percent); capital goods (3.5 percent vs 3.2 percent) and durable consumer goods (2.6 percent vs 1.5 percent). On the other hand, production eased for intermediate goods (1.4 percent vs 2.8 percent) and non-durable consumer goods (1.2 percent vs 1.9 percent).

Among Member States for which data are available, the biggest gains in industrial production were registered in Lithuania (11.5 percent vs 2.1 percent), Estonia (7.6 percent vs 3.0 percent) and Finland (7.0 percent vs 2.8 percent), and the largest decline in Ireland (-14.7 percent vs -3.2 percent).

On a monthly basis, output rose 0.5 percent in March, reversing from an upwardly revised 0.9 percent fall in February while below market expectations of a a 0.7 percent rise. It was the first monthly gain in industrial activity since November, as production rebounded for durable consumer goods (1.5 percent vs -1.6 percent) and non-durable consumer goods (1.1 percent vs -1.0 percent) and shrank less for intermediate goods (-0.1 percent vs -0.9 percent) and capital goods (-0.6 percent vs -3.5 percent). Meanwhile, output slowed markedly for energy (0.8 percent vs 6.7 percent).

In the EU28, industrial production went up 0.4 percent, following a 0.7 percent decrease in February, as output recovered for durable consumer goods (1.3 percent vs -1.3 percent) and non-durable consumer goods (0.8 percent vs -0.8 percent) and it fell less for intermediate goods (-0.3 percent vs -1.0 percent) and capital goods (-0.2 percent vs -2.6 percent). Meanwhile, energy production grew much less (1.3 percent vs 5.1 percent).

Among Member States for which data are available, the main gains were recorded in Estonia (4.1 percent vs -1.5 percent), Portugal (3.7 percent vs -2.3 percent), Finland (2.3 percent vs -1.5 percent) and Greece (2.6 percent vs -2.0 percent) and the most significant decreases in Ireland (-7.0 percent vs -9.8 percent), Croatia (-4.3 percent vs 2.1 percent) and Latvia (-3.5 percent vs 3.8 percent).



Eurostat | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
5/15/2018 10:00:14 AM



Calendar GMT Actual Previous Consensus TEForecast
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 3% 2.6% 3.7% 3.4%
2018-06-13 09:00 AM Industrial Production YoY 3.0% 3.6%
2018-07-12 09:00 AM Industrial Production YoY 3.2%
2018-08-14 09:00 AM Industrial Production YoY 3.2%


Euro Area Business Last Previous Highest Lowest Unit
Business Confidence 1.35 1.44 1.64 -3.52 Index Points [+]
Manufacturing PMI 56.20 56.60 60.60 33.50 [+]
Services PMI 54.70 54.90 58.30 39.20 Index Points [+]
Composite Pmi 55.10 55.20 58.80 45.70 Index Points [+]
Industrial Production 3.00 2.60 9.20 -21.40 percent [+]
Industrial Production Mom 0.50 -0.90 3.30 -4.00 percent [+]
Manufacturing Production 2.30 2.30 10.10 -21.70 percent [+]
Capacity Utilization 84.40 84.40 85.30 69.60 percent [+]
Changes In Inventories 7.19 10.12 26.08 -26.54 EUR Billion [+]
Zew Economic Sentiment Index 2.40 1.90 89.90 -63.70 [+]
Car Registrations 927.41 944.73 1130.00 669.00 Thousand [+]
Mining Production 1.70 -0.30 42.30 -26.80 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 2.60 9.20 -21.40 1991 - 2018 percent Monthly




industrial production by Country
Country Last
Australia 1.70 Dec/17
Brazil 1.30 Mar/18
Canada 4.46 Feb/18
China 7.00 Apr/18
Euro Area 3.00 Mar/18
France 1.80 Mar/18
Germany 3.20 Mar/18
India 4.40 Mar/18
Indonesia -3.50 Feb/18
Italy 3.60 Mar/18
Japan 2.40 Mar/18
Mexico -3.70 Mar/18
Netherlands 5.90 Mar/18
Russia 1.30 Apr/18
South Korea -4.30 Mar/18
Spain 5.10 Mar/18
Switzerland 8.70 Dec/17
Turkey 7.60 Mar/18
United Kingdom 2.90 Mar/18
United States 3.50 Apr/18


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