Euro Area Industrial Production  Forecast


Euro Area Industrial Production
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Industrial Production in Euro Area is expected to be 3.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Euro Area to stand at 3.40 in 12 months time. In the long-term, the Euro Area Industrial Production is projected to trend around 2.40 percent in 2020, according to our econometric models.


Euro Area Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 1.49 1.05 1.02 0.98 0.95 1
Manufacturing PMI 60.6 57.7 57.5 56.8 57 53.1
Services PMI 56.5 55.9 55.7 55.4 55.2 53.3
Composite Pmi 58 55.9 56.4 56.3 55.9 51.9
Industrial Production 3.7 3.1 3.3 3.2 3.4 2.4
Industrial Production Mom 0.2 0.4 0.2 0.3 0.3 0.1
Manufacturing Production 4.4 3.7 3.6 3.4 3.2 3.9
Capacity Utilization 83.8 82.9 83 83.1 83.2 84.8
Changes In Inventories 10.12 9.23 9.1 8.04 6.86 6.42
Zew Economic Sentiment Index 29 29 25 24 26 32
Car Registrations 906 904 908 871 902 948
Mining Production -5.2 0.4 1.5 2 1.9 2.1