Industrial production in the Euro Area increased 0.9 percent year-on-year in September of 2018, following an upwardly revised 1.1 percent increase in August. Figures beat market expectations of a 1.1 percent rise, due to gains in capital and non-durable goods. Industrial Production in the Euro Area averaged 1.16 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.

Industrial Production in Euro Area is expected to be 2.80 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 3.00 in 12 months time. In the long-term, the Euro Area Industrial Production is projected to trend around 2.40 percent in 2020, according to our econometric models.

Euro Area Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-14 09:00 AM Industrial Production YoY 2.5% 2.6% 2.6% 2.3%
2018-09-12 09:00 AM Industrial Production YoY -0.1% 2.3% 1% 1.1%
2018-10-12 09:00 AM Industrial Production YoY 0.9% 0.3% -0.2% 1.2%
2018-11-14 10:00 AM Industrial Production YoY 0.9% 1.1% 0.3% 3.4%
2018-12-12 10:00 AM Industrial Production YoY 0.9% 0.7% 1.5%
2019-01-14 10:00 AM Industrial Production YoY
2019-02-14 10:00 AM Industrial Production YoY 2.80%



Euro Area Industrial Output Rises More than Expected


Industrial production in the Euro Area increased 0.9 percent year-on-year in September of 2018, following an upwardly revised 1.1 percent increase in August. Figures beat market expectations of a 1.1 percent rise, due to gains in capital and non-durable goods.

Production increased for capital goods (2.5 percent compared to 1.7 percent) and non-durables (1.6 percent compared to 3.9 percent) but fell for intermediate goods (-0.3 percent compared to -0.2 percent), energy (-1.4 percent compared to -0.6 percent) and durable goods (-2.5 percent compared to -1.3 percent). 

In the EU 28, production rose at slower 1.1 percent (1.3 percent in August). Among Member States for which data is available, the highest increases were registered in Ireland (+9.4 percent), Poland (+5 percent) and Denmark (+4.3 percent). The largest decreases were observed in Malta (-5.3 percent), Croatia (-2.6 percent) and the Netherlands (-2.3 percent). Among major economies, production rose in Germany (0.3 percent) and Italy (1.3 percent) but fell in France (-1.2 percent). 

On a monthly basis, industrial production in the Euro Area shrank 0.3 percent month-over-month in September of 2018, following an upwardly revised 1.1 percent rise in August and compared to market expectations of a 0.4 percent drop. Output declined for intermediate goods (-0.3 percent compared to 0.5 percent in August); energy (-1.7 percent compared to 1.8 percent)durables (-0.7 percent compared to 1.6 percent) and nondurables (-1.3 percent compared to 2 percent). On the other hand, production edged up 0.3 percent for capital goods (1.7 percent in August).

In the EU 28, output shank 0.2 percent after a 0.8 percent rise in August. Among Member States for which data are available, the largest decreases in industrial production were registered in Latvia (-3.3 percent), Lithuania (-3.1 percent) and Portugal (-2.8 percent). The highest increases were observed in Denmark (+2.8 percent), Ireland (+2.2 percent) and the Netherlands (+1.2 percent). Among major economies, production fell in Germnay (-0.2 percent), France (-1.8 percent) and Italy (-0.2 percent). 


Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
11/14/2018 10:36:18 AM



Euro Area Business Last Previous Highest Lowest Unit
Business Confidence 1.09 1.01 1.62 -3.27 Index Points [+]
Manufacturing PMI 51.80 52.00 60.60 33.50 [+]
Services PMI 53.40 53.70 58.30 39.20 Index Points [+]
Composite Pmi 52.70 53.10 58.80 45.70 Index Points [+]
Industrial Production 0.90 1.10 9.20 -21.40 percent [+]
Industrial Production Mom -0.30 1.10 3.20 -4.00 percent [+]
Manufacturing Production 1.20 1.50 10.10 -21.70 percent [+]
Capacity Utilization 83.90 84.10 85.30 69.60 percent [+]
Changes In Inventories 24.92 14.80 25.09 -27.31 EUR Billion [+]
Zew Economic Sentiment Index -22.00 -19.40 89.90 -63.70 [+]
Car Registrations 806.26 731.99 1169.19 669.00 Thousand [+]
Mining Production -18.70 -13.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.90 1.10 9.20 -21.40 1991 - 2018 percent Monthly
WDA




Country Last Previous
Argentina -6.80 Oct/18
Australia 2.80 Sep/18
Brazil 1.10 Oct/18
Canada 2.76 Aug/18
China 5.90 Oct/18
Euro Area 0.90 Sep/18
France -0.70 Oct/18
Germany 1.60 Oct/18
India 4.50 Sep/18
Indonesia 1.50 Sep/18
Italy 1.00 Oct/18
Japan 4.20 Oct/18
Mexico 1.80 Sep/18
Netherlands 0.80 Oct/18
Russia 3.70 Oct/18
Saudi Arabia 5.84 Jun/18
Singapore 4.30 Oct/18
South Africa 0.10 Sep/18
South Korea 10.70 Oct/18
Spain 0.80 Oct/18
Switzerland 1.40 Sep/18
Turkey -2.70 Sep/18
United Kingdom -0.80 Oct/18
United States 4.10 Oct/18


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