Eurozone industrial production increased by 0.1 percent from a month earlier in March 2021, following a revised 1.2 percent decline in February but missing market expectations of a 0.7 percent growth. Increases in the production of non-durable consumer goods (1.9 percent), energy (1.2 percent) and intermediate goods (0.6 percent) were offset by declines in the output of capital (-1.0 percent) and durable consumer goods (-1.2 percent). On a yearly basis, industrial activity surged 10.9 percent in March, the largest increase on record but below forecasts of 11.6 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 13.30 percent in May of 2020 and a record low of -19.10 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 June of 2021.
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. 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 0.50 percent in 2022 and 0.40 percent in 2023, according to our econometric models.