Euro Area Mining Production - Forecast

Mining Production in Euro Area is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mining Production in Euro Area to stand at 1.40 in 12 months time. In the long-term, the Euro Area Mining Production is projected to trend around 2.10 percent in 2020, according to our econometric models.


Euro Area Mining Production
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Euro Area Business Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Business Confidence 1.35 1.04 0.91 1.11 1.25 1
Manufacturing PMI 55.5 54.8 55.4 57.9 57.4 53.1
Services PMI 53.9 53.8 54.7 56.4 56.1 53.3
Composite Pmi 54.1 54.5 55.2 57.5 57 52.7
Industrial Production 3 3.2 3.4 2.8 2.6 2.4
Industrial Production Mom 0.5 -0.3 -0.6 0.5 0.3 0.3
Manufacturing Production 2.3 3.4 3.2 3.8 3.6 3.9
Capacity Utilization 84.4 84.4 84.5 84.5 84.1 84.8
Changes In Inventories 7.19 6.9 9.4 6.8 4.5 6
Zew Economic Sentiment Index 2.4 8.9 16.8 29.1 28.7 32
Car Registrations 927 925 942 962 917 992
Mining Production 1.7 2 1.9 1.6 1.4 2.1