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

Industrial production in the Euro Area rose by 2.4 percent year-on-year in May 2018, following a 1.7 percent advance in the previous month and beating market expectations of 2.1 percent. Output growth picked up for intermediate and non-durable consumer goods while production of energy and durable consumer goods fell. On a monthly basis, industrial output surged 1.3 percent, recovering from April's 0.8 percent decline and beating forecasts of 1.2 percent gain. 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.

Euro Area Industrial Production
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Eurozone May Industrial Output Growth Beats Forecasts


Industrial production in the Euro Area rose by 2.4 percent year-on-year in May 2018, following a 1.7 percent advance in the previous month and beating market expectations of 2.1 percent. Output growth picked up for intermediate and non-durable consumer goods.

Year-on-year, output growth picked for both intermediate goods (2.3 percent vs 0.8 percent in April); and non-durable consumer goods (2.4 percent vs 1.2 percent). Also, capital goods output continued to rise at a solid pace (3.9 percent vs 4 percent), while production fell for energy (-1 percent vs -1.1 percent) and durable consumer goods (-0.2 percent vs 0.4 percent).

In the EU28, industrial production went up 2.4 percent (vs 1.9 percent in April), as output increased at faster pace for intermediate goods (2.2 percent vs 0.9 percent) and non-durable consumer goods (2 percent vs 1.1 percent). Meanwhile production growth eased for both durable consumer goods (1.4 percent vs 1.9 percent) and capital goods (3.7 percent vs 4.3 percent). Energy output contracted 0.8 percent in May, after a 0.1 percent decline in April.

Among Member States for which data are available, the highest increases in industrial production were registered in Poland (7.8 percent), Ireland (7.3 percent) and Slovenia (5.9 percent), and the largest decreases in Malta (-6.3 percent), Denmark (-3.3 percent) and Portugal (-2.6 percent).

On a monthly basis, industrial output surged 1.3 percent, recovering from April's 0.8 percent decline and beating forecasts of 1.2 percent gain. It was the steepest increase in industrial production since last November, as output rose for all categories: durable consumer goods (2.1 percent vs -2.1 percent); non-durable consumer goods (2.1 percent vs -1.1 percent); intermediate goods (1.6 percent vs -0.7 percent); capital goods (0.7 percent vs 2.2 percent); and energy (0.5 percent vs -5.2 percent).

In the EU28, output jumped 1.2 percent, following a decline of 0.8 percent in April, due to increases in durable consumer goods (2 percent vs -1.7 percent); non-durable consumer goods (1.7 percent vs -0.8 percent); intermediate goods (1.6 percent vs -0.6 percent); and capital goods (0.6 percent vs 1.2 percent). Energy production, however, continued to fall (-0.1 percent vs -4.4 percent).

Among Member States for which data are available, the largest increases in industrial production were registered in Lithuania (11.6 percent), Sweden (3.4 percent) and Ireland (3.2 percent), and the highest decreases in Denmark (-2.8 percent) and Portugal (-2 percent).


Eurostat | Joana Ferreira | joana.ferreira@tradingeconomics.com
7/12/2018 9:48:18 AM



Calendar GMT Actual Previous Consensus TEForecast
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 1.7% 3.2% 2.8% 3.6%
2018-07-12 09:00 AM Industrial Production YoY 2.4% 1.7% 2.1% 2.5%
2018-08-14 09:00 AM Industrial Production YoY 2.4% 3.2%
2018-09-12 09:00 AM Industrial Production YoY 2.8%
2018-10-12 09:00 AM Industrial Production YoY 3.4%


Euro Area Business Last Previous Highest Lowest Unit
Business Confidence 1.39 1.44 1.64 -3.27 Index Points [+]
Manufacturing PMI 54.90 55.50 60.60 33.50 [+]
Services PMI 55.20 53.80 58.30 39.20 Index Points [+]
Composite Pmi 54.90 54.10 58.80 45.70 Index Points [+]
Industrial Production 2.40 1.70 9.20 -21.40 percent [+]
Industrial Production Mom 1.30 -0.80 3.30 -4.00 percent [+]
Manufacturing Production 2.80 2.00 10.10 -21.70 percent [+]
Capacity Utilization 84.40 84.40 85.30 69.60 percent [+]
Changes In Inventories 4.10 1.58 26.09 -27.04 EUR Billion [+]
Zew Economic Sentiment Index -18.70 -12.60 89.90 -63.70 [+]
Car Registrations 947.92 927.41 1130.00 669.00 Thousand [+]
Mining Production -0.90 -10.20 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 1.70 9.20 -21.40 1991 - 2018 percent Monthly




industrial production by Country
Country Last
Australia 1.70 Dec/17
Brazil -6.60 May/18
Canada 5.01 Apr/18
China 6.00 Jun/18
Euro Area 2.40 May/18
France -0.90 May/18
Germany 3.10 May/18
India 3.20 May/18
Indonesia 4.70 Apr/18
Italy 2.10 May/18
Japan 4.20 May/18
Mexico 0.30 May/18
Netherlands 1.80 May/18
Russia 2.20 Jun/18
South Korea 0.90 May/18
Spain 1.60 May/18
Switzerland 9.00 Mar/18
Turkey 6.40 May/18
United Kingdom 0.80 May/18
United States 3.50 May/18


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