Eurozone's industrial production increased by 9.1 percent from a month earlier in June 2020, missing market expectations for a second consecutive month and easing from a revised 12.3 percent jump in May. Forecasts were pointing to a 10.0 percent rise. Activity continued to rebound from record slumps seen in March and April as COVID-19 restrictions were eased in the region. Output increased for all segments: durable consumer goods (20.2 percent vs 53.7 percent in May); capital goods (14.2 percent vs 26.0 percent); intermediate goods (6.7 percent vs 9.7 percent); non-durable consumer goods (4.8 percent vs 3.3 percent); and energy (2.6 percent vs 3.0 percent).

Industrial Production Mom in the Euro Area averaged 0.05 percent from 1990 until 2020, reaching an all time high of 12.30 percent in May of 2020 and a record low of -18 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 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.

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Euro Area Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
9.10 12.30 12.30 -18.00 1990 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-05-13 09:00 AM Mar -11.3% -0.1% -12.1% -12.7%
2020-06-12 09:00 AM Apr -17.1% -11.9% -20% -20.6%
2020-07-14 09:00 AM May 12.4% -18.2% 15% 10.7%
2020-08-12 09:00 AM Jun 9.1% 12.3% 10% 10%
2020-09-14 09:00 AM Jul 9.1%
2020-10-14 09:00 AM Aug
2020-11-12 10:00 AM Sep -1.6%
2020-12-14 10:00 AM Oct


News Stream
Eurozone Industrial Output Rebound Below Forecasts
Eurozone's industrial production increased by 9.1 percent from a month earlier in June 2020, missing market expectations for a second consecutive month and easing from a revised 12.3 percent jump in May. Forecasts were pointing to a 10.0 percent rise. Activity continued to rebound from record slumps seen in March and April as COVID-19 restrictions were eased in the region. Output increased for all segments: durable consumer goods (20.2 percent vs 53.7 percent in May); capital goods (14.2 percent vs 26.0 percent); intermediate goods (6.7 percent vs 9.7 percent); non-durable consumer goods (4.8 percent vs 3.3 percent); and energy (2.6 percent vs 3.0 percent).
2020-08-12
Eurozone Industrial Output Shrinks at Record 17.1%
Industrial production in the Euro Area plunged 17.1 percent month-over-month in April of 2020, following an upwardly revised 11.9 percent fall in the previous month and compared to market forecasts of a 20 percent drop. It is the biggest decline ever in industrial production and significantly higher than the 3-4 percent drops seen in late 2008 and early 2009 during the financial crisis, as coronavirus containment measures lead to businesses and factories closures. Production of durable consumer goods fell by 28.9 percent, capital goods by 26.6 percent, intermediate goods by 15.6 percent, non-durable consumer goods by 11.9 percent and energy by 4.8 percent. Among the bloc’s largest economies, production in Germany fell 21 percent, declined 20.3 percent in France, 19.1 percent in Italy and 22.4 percent in Spain.
2020-06-12
Eurozone Industrial Output Drops the Most on Record
The Eurozone industrial production fell by a record 11.3 percent month-over-month in March 2020, following a 0.1 percent decline in February and compared with market consensus of a 12.1 percent drop, amid efforts to contain the coronavirus pandemic. Durable consumer goods output contracted by the most in March (-26.3 percent vs -1.6 percent), followed by capital goods (-15.9 percent vs -2.0 percent), intermediate goods (-11.0 percent vs 1.0 percent), energy (-4.0 percent vs 0.4 percent) and non-durable consumer goods (-1.6 percent vs 0.6 percent). Among the bloc's largest economies, Italy's industrial output plunged 28.4 percent and France's production was down 16.4 percent. Output in Spain and Germany dropped 11.9 and 11.2 percent respectively.
2020-05-13
Bitcoin Crashes Below $7,000
Bitcoin slumped more than 15% on Thursday, the lowest level so far this year. The cryptocurrency, which in the past was seen as a haven during times of turbulence, has been considered as risky as stock markets.
2020-03-12

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.