European Union Capacity Utilization - Forecast

Capacity Utilization in European Union is expected to be 83.62 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in European Union to stand at 83.28 in 12 months time. In the long-term, the European Union Capacity Utilization is projected to trend around 83.17 percent in 2020, according to our econometric models.


European Union Capacity Utilization
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European Union Business Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Industrial Production Mom 0.4 0.01 0.04 0.06 0.07 0.07
Manufacturing Production 2.3 5.55 5.59 5.61 5.62 5.62
Industrial Production 3 2.95 2.79 2.73 2.7 2.68
Mining Production -2.4 -6.25 -5.59 -5.68 -5.65 -5.66
Steel Production 15111 13490 13579 13539 13855 13905
Business Confidence 6.6 0.61 -4.1 -7.75 -9.97 -5.49
Capacity Utilization 84.1 83.62 83.45 83.34 83.28 83.17
Changes In Inventories 22041 18924 18855 18865 18864 18864