Industrial production in the Euro Area jumped 12.4 percent over a month earlier in May 2020, rebounding from an upwardly revised 18.2 percent slump in the previous month and compared with market expectations of a 15 percent increase. It was the biggest rise in industrial output on record, as several business and factories resumed operations following lockdowns due to the coronavirus pandemic. Production of durable consumer goods went up by 47.7 percent, capital goods by 24.8 percent, intermediate goods by 8.7 percent, energy by 2.5 percent and non-durable consumer goods by 1.8 percent. Among the bloc’s largest economies, production rose in Italy (+42.1 percent), France (+20.0 percent) and Germany (+9.7 percent).

Industrial Production Mom in the Euro Area averaged 0.03 percent from 1990 until 2020, reaching an all time high of 12.40 percent in May of 2020 and a record low of -18.20 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 - values, historical data and charts - was last updated on August of 2020. source: Eurostat

Industrial Production Mom in Euro Area is expected to be -1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Euro Area to stand at 0.90 in 12 months time. In the long-term, the Euro Area Industrial Production MoM is projected to trend around 0.70 percent in 2021 and 0.50 percent in 2022, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Euro Area Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
12.40 -18.20 12.40 -18.20 1990 - 2020 percent Monthly

Euro Area Industrial Production MoM
In Euro Area, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.