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

Industrial production in the Euro Area increased by 3.7 percent year-on-year in October 2017, beating market expectations of 3.5 percent and following an upwardly revised 3.4 percent gain in the previous month. Output rose at a faster pace for intermediate and non-durable consumer goods. Among Eurozone's largest economies, industrial production grew faster in France, Italy and Spain. Industrial Production in the Euro Area averaged 0.90 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 3.7 percent year-on-year in October 2017, beating market expectations of 3.5 percent and following an upwardly revised 3.4 percent gain in the previous month. Output rose at a faster pace for intermediate and non-durable consumer goods. Among Eurozone's largest economies, industrial production grew faster in France, Italy and Spain.

Year-on-year, production grew at a faster pace for: intermediate goods (5 percent from 4.6 percent in September); and non-durable consumer goods (5.7 percent from 1.5 percent). Meanwhile, production of durable consumer goods rose at a slower 3.7 percent after an increase of 7.5 percent in September; and capital goods output went up 3.3 percent, easing from a 4.4 percent gain. Energy output contracted 2.2 percent, following a fall of 0.8 percent in the previous month.

In the EU28, industrial output advanced by 4.2 percent, following a 3.6 percent gain in September, driven by higher production of intermediate goods (5.3 percent from 4.6 percent); and non-durable consumer goods (4.7 percent from 1.7 percent). On the other hand, output rose at softer rate for both durable consumer goods (3.5 percent from 7 percent in September) and capital goods (4.2 percent from 4.7 percent), while production of energy shrank (-0.3 percent from 0.5 percent).

Among EU Member States for which data are available, the highest increases in industrial production were registered in Ireland (13.4 percent), Slovenia (10.7 percent), Poland (10 percent) and Romania (9.1 percent). Also, output grew in France (5.7 percent), Spain (4.2 percent), Italy (3.1 percent) and Germany (2.5 percent).

On a monthly basis, industrial output increased 0.2 percent, above market expectations of a flat reading, due to rising production of non-durable consumer goods (0.5 percent) and energy (0.1 percent). Output fell for durable consumer goods (-1.9 percent) and capital goods (-0.3 percent). 

In the EU28, output grew 0.3 percent, due to production of non-durable consumer goods rising by 0.7 percent and intermediate goods by 0.2 percent, while production of both energy and capital goods fell by 0.2 percent and durable consumer goods by 1.7 percent.

Among EU Member States for which data are available, the largest increases in industrial production were registered in Ireland (10.6 percent), Denmark (2.8 percent) and Croatia (2.7 percent). Also, output rose in France (1.8 percent), Spain (0.6 percent) and Italy (0.5 percent). The highest decreases were recorded in Malta (-6.1 percent), Portugal (-2.3 percent) and the Netherlands (-1.8 percent) and Germany (-1.4 percent).

Eurostat | Joana Ferreira | joana.ferreira@tradingeconomics.com
12/13/2017 10:22:00 AM



Calendar GMT Actual Previous Consensus TEForecast
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 3.3% 3.9% 3.2% 3.2%
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 3.7%
2018-02-14 10:00 AM Industrial Production YoY
2018-03-14 10:00 AM Industrial Production YoY


Euro Area Business Last Previous Highest Lowest Unit
Business Confidence 1.49 1.44 1.53 -3.83 [+]
Manufacturing PMI 60.10 58.50 60.10 33.50 [+]
Services PMI 56.20 55.00 58.30 39.20 Index Points [+]
Composite Pmi 57.50 56.00 57.50 45.70 Index Points [+]
Industrial Production 3.70 3.40 9.20 -21.60 percent [+]
Industrial Production Mom 0.20 -0.50 2.50 -4.10 percent [+]
Manufacturing Production 4.40 3.90 10.10 -22.10 percent [+]
Capacity Utilization 83.80 83.20 85.30 69.60 percent [+]
Changes In Inventories 10.12 7.04 26.08 -26.54 EUR Billion [+]
Zew Economic Sentiment Index 29.00 30.90 89.90 -63.70 [+]
Car Registrations 906.19 934.08 1130.00 669.00 Thousand [+]
Mining Production -5.20 -0.50 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.70 3.40 9.20 -21.60 1991 - 2017 percent Monthly




industrial production by Country
Country Last
Australia 0.70 Jun/17
Brazil 5.30 Oct/17
Canada 4.40 Aug/17
China 6.10 Nov/17
Euro Area 3.70 Oct/17
France 3.20 Sep/17
Germany 3.60 Sep/17
India 2.20 Oct/17
Indonesia -1.40 Jun/17
Italy 3.10 Oct/17
Japan 5.90 Oct/17
Mexico -1.10 Oct/17
Netherlands 1.70 Sep/17
Russia 0.00 Oct/17
South Korea -5.90 Oct/17
Spain 4.10 Oct/17
Switzerland 8.60 Sep/17
Turkey 7.30 Oct/17
United Kingdom 3.60 Oct/17
United States 2.90 Oct/17