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

Industrial production in the Euro Area went up 5.2 percent year-on-year in December of 2017, above an upwardly revised 3.7 percent rise in November and beating market expectations of a 4.2 percent gain. It is the strongest annual increase in industrial output since August of 2011. Considering full 2017, industrial output in the Euro Area jumped 3 percent, well above 1.5 percent in 2016 and the highest gain since 2011. Industrial Production in the Euro Area averaged 0.92 percent from 1991 until 2017, reaching an all time high of 9.20 percent in December of 2010 and a record low of -21.60 percent in April of 2009.

Euro Area Industrial Production
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Euro Area Industrial Output Annual Growth Highest Since 2011


Industrial production in the Euro Area went up 5.2 percent year-on-year in December of 2017, above an upwardly revised 3.7 percent rise in November and beating market expectations of a 4.2 percent gain. It is the strongest annual increase in industrial output since August of 2011. On a monthly basis, industrial production went up 0.4 percent, beating forecasts of a 0.2 percent gain.

Year-on-year, production of capital goods went up 7.6 percewnt; durable consumer goods 7.4 percent; intermediate goods 6.6 percent; non-durable consumer goods 3.1 percent and energy 0.6 percent.

In the EU28, industrial output went up 4.8 percent, due to capital goods (7.7 percent); durable consumer goods (6.7 percent); intermediate goods (6 percent); and non-durable consumer goods (2.5 percent), while production of energy fell by 0.1 percent. Among Member States for which data are available, the highest increases in industrial production were registered in Romania (+13.5 percent), Slovenia (+12.2 percent) and Sweden (+8.5 percent), and the largest decreases in Croatia (-2.5 percent), Luxembourg (-2.3 percent) and Denmark (-2.2 percent). Production rose 6.8 percent in Germany; 4.9 percent in Italy; 4.6 percent in France; and 0.7 percent in the UK. 

On a monthly basis, the increase of 0.4 percent in industrial production in the Euro Area is due to production of durable consumer goods (2.7 percent); intermediate goods (1.4 percent); energy (1.3 percent) and non-durable consumer goods (0.7 percent), while production of capital goods fell by 1.1 percent.

In the EU28, the increase of 0.3 percent is due to durable consumer goods (2.6 percent); intermediate goods (1.3 percent) and non-durable consumer goods (0.6 percent), while production of capital goods fell by 0.5 percent and energy by 0.3 percent.

Among Member States for which data are available, the highest increases in industrial production were registered in Romania (+3.8 percent), Ireland (+3 percent) and Slovenia (+2.7 percent), and the largest decreases in Slovakia (-2.7 percent), Lithuania (-2.6 percent) and the Czech Republic (-1.5 percent). Production rose in Italy (1.6 percent) and France (0.6 percent) but fell in Germany (-0.5 percent) and in the UK (-1.4 percent). 

Considering full 2017, industrial output in the Euro Area jumped 3 percent, well above 1.5 percent in 2016 and the highest gain since 2011. In the European Union, industrial output surged 3.3 percent, higher than 1.6 percent in 2016 and the strongest growth since 2010.


Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
2/14/2018 10:55:17 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-12-13 10:00 AM Industrial Production YoY 3.7% 3.4% 3.5% 3.4%
2018-01-11 10:00 AM Industrial Production YoY 3.2% 3.9% 3% 3.4%
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 5.2% 4.81%
2018-04-12 09:00 AM Industrial Production YoY 4.77%
2018-05-15 09:00 AM Industrial Production YoY 4.96%


Euro Area Business Last Previous Highest Lowest Unit
Business Confidence 1.54 1.60 1.60 -3.82 Index Points [+]
Manufacturing PMI 59.60 60.60 60.60 33.50 [+]
Services PMI 58.00 56.60 58.30 39.20 Index Points [+]
Composite Pmi 58.80 58.10 58.80 45.70 Index Points [+]
Industrial Production 5.20 3.70 9.20 -21.60 percent [+]
Industrial Production Mom 0.40 1.30 2.50 -4.10 percent [+]
Manufacturing Production 5.90 4.50 10.10 -22.10 percent [+]
Capacity Utilization 84.40 83.80 85.30 69.60 percent [+]
Changes In Inventories 10.12 7.04 26.08 -26.54 EUR Billion [+]
Zew Economic Sentiment Index 31.80 29.00 89.90 -63.70 [+]
Car Registrations 955.52 948.93 1130.00 669.00 Thousand [+]
Mining Production -0.10 -6.80 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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.20 3.70 9.20 -21.60 1991 - 2017 percent Monthly




industrial production by Country
Country Last
Australia 3.60 Sep/17
Brazil 4.30 Dec/17
Canada 4.50 Nov/17
China 6.20 Dec/17
Euro Area 5.20 Dec/17
France 4.50 Dec/17
Germany 6.50 Dec/17
India 7.10 Dec/17
Indonesia 5.00 Nov/17
Italy 4.90 Dec/17
Japan 4.40 Dec/17
Mexico -0.70 Dec/17
Netherlands 3.50 Dec/17
Russia 2.90 Jan/18
South Korea -6.00 Dec/17
Spain 6.10 Dec/17
Switzerland 8.60 Sep/17
Turkey 8.70 Dec/17
United Kingdom 0.00 Dec/17
United States 3.70 Jan/18


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