Industrial production in the Euro Area climbed 2.3 percent from a month earlier in November 2021, rebounding from three consecutive months of contraction and easily beating market expectations of 0.5 percent growth. Production of non-durable consumer goods posted the largest increase in November (3.2 percent vs -4.5 percent in October), followed by capital goods (1.5 percent vs 1.3 percent), energy (1.2 percent vs 0.5 percent), and intermediate goods (0.9 percent vs -0.2 percent). Meanwhile, output of durable consumer goods, such as televisions and washing machines, declined by 0.2 percent, compared with a 1.9 percent advance in the previous month. On a yearly basis, industrial activity shrank 1.5 percent in November, missing market forecasts of 0.6 percent growth. source: EUROSTAT
Industrial Production Mom in the Euro Area averaged 0.08 percent from 1990 until 2021, reaching an all time high of 14.10 percent in May of 2020 and a record low of -19.20 percent in April of 2020. This page provides the latest reported value for - Euro Area Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Industrial Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Industrial Production Mom in Euro Area is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Industrial Production MoM is projected to trend around 0.40 percent in 2023, according to our econometric models.