Euro Area Industrial Production  1991-2017 | Data | Chart | Calendar

Industrial production in the Euro Area increased by 3.8 percent year-on-year in August 2017, beating market expectations of 2.5 percent and following an upwardly revised 3.6 percent gain in July. Output rose at a faster pace for intermediate, capital and non-durable consumer goods. Among Eurozone's largest economies, industrial production grew faster in Germany, Italy and Spain. Industrial Production in the Euro Area averaged 0.88 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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Eurozone Industrial Output Rises Faster than Expected


Industrial production in the Euro Area increased by 3.8 percent year-on-year in August 2017, beating market expectations of 2.5 percent and following an upwardly revised 3.6 percent gain in July. Output rose at a faster pace for intermediate, capital and non-durable consumer goods. Among Eurozone's largest economies, industrial production grew faster in Germany, Italy and Spain.

Year-on-year, production grew at a faster pace for most categories: Intermediate goods (5.3 percent from 5.1 percent in July); capital goods (4.9 percent from 4.6 percent) and non-durable consumer goods (2.4 percent from 0.5 percent). Meanwhile, production of durable consumer goods rose at a slower 3.6 percent after an increase of 6.3 percent in July, and energy output contracted 0.7 percent, following a gain of 1.1 percent in the previous month.

In the EU28, industrial output advanced by 3.9 percent, following a 3.3 percent gain in July, driven by higher production of capital goods (5.5 percent from 4.8 percent in July); intermediate goods (5.3 percent from 5 percent); and non-durable consumer goods (2.3 percent from 0.5 percent). On the other hand, durable consumer goods output rose at softer rate (3.6 percent from 5 percent in July) and production of energy shrank (-0.4 percent from a flat reading).

Among EU Member States for which data are available, the highest increases in industrial production were registered in Lithuania (13.1 percent), Latvia (12.1 percent) and Romania (10.3 percent). Also, output grew in Italy (5.7 percent), Germany (4.7 percent), Spain (2.5 percent) and France (1.3 percent). In contrast, a decrease was observed in the Netherlands (-1.8 percent).

On a monthly basis, industrial output increased 1.4 percent, above market expectations of 0.5 percent, due to strong production of capital goods (3.1 percent), durable consumer goods (1.3 percent) and intermediate goods (1.2 percent). 

In the EU28, output jumped 1.7 percent, due to production of capital goods rising by 3.2 percent, durable consumer goods by 1.2 percent, intermediate goods by 1 percent, energy by 0.7 percent and non-durable consumer goods by 0.4 percent.

Among EU Member States for which data are available, the largest increases in industrial production were registered in the Czech Republic (14.3 percent), Malta (5.4 percent) and Portugal (4.7 percent). Also, output fell in Germany (3 percent), Italy (1.2 percent) and Spain (1.1 percent). The highest decreases were recorded in the Netherlands (-2.3 percent), Sweden (-1.8 percent) and France and Finland (both -0.4 percent).

Eurostat | Joana Ferreira | joana.ferreira@tradingeconomics.com
10/12/2017 9:36:14 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-08-14 09:00 AM Industrial Production YoY 2.6% 3.9% 2.8% 3.2%
2017-09-13 09:00 AM Industrial Production YoY 3.2% 2.8% 3.4% 3.6%
2017-10-12 09:00 AM Industrial Production YoY 3.8% 3.6% 2.5% 2%
2017-11-14 10:00 AM Industrial Production YoY 3.8% 3.18%
2017-12-13 10:00 AM Industrial Production YoY 3.44%


Euro Area Business Last Previous Highest Lowest Unit
Business Confidence 1.34 1.08 1.53 -3.87 [+]
Manufacturing PMI 58.10 57.40 59.00 33.50 [+]
Services PMI 55.80 54.70 58.30 39.20 Index Points [+]
Composite Pmi 56.70 55.70 56.80 45.70 Index Points [+]
Industrial Production 3.80 3.60 9.20 -21.60 percent [+]
Industrial Production Mom 1.40 0.30 2.50 -4.10 percent [+]
Manufacturing Production 3.40 2.60 10.10 -22.10 percent [+]
Capacity Utilization 83.20 82.60 85.30 69.60 percent [+]
Changes In Inventories 3.48 7.58 26.07 -26.49 EUR Billion [+]
Zew Economic Sentiment Index 26.70 31.70 89.90 -63.70 [+]
Car Registrations 920.51 894.56 1130.00 669.00 Thousand [+]
Mining Production 9.30 2.00 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.80 3.60 9.20 -21.60 1991 - 2017 percent Monthly




industrial production by Country

Last
Australia 0.70 Jun/17
Brazil 4.00 Aug/17
Canada 5.23 Jul/17
China 6.60 Sep/17
Euro Area 3.80 Aug/17
France 1.10 Aug/17
Germany 4.70 Aug/17
India 4.30 Aug/17
Indonesia -1.40 Jun/17
Italy 5.70 Aug/17
Japan 5.30 Aug/17
Mexico -0.50 Aug/17
Netherlands -1.80 Aug/17
Russia 0.90 Sep/17
South Korea 2.70 Aug/17
Spain 1.80 Aug/17
Switzerland 2.90 Jun/17
Turkey 5.20 Aug/17
United Kingdom 1.60 Aug/17
United States 1.60 Sep/17