Industrial Production in European Union decreased 0.10 percent in July of 2019 over the previous month. Industrial Production Mom in European Union averaged 0.07 percent from 1991 until 2019, reaching an all time high of 2.80 percent in January of 2016 and a record low of -3.70 percent in November of 2008.
Industrial Production Mom in European Union is expected to be -0.80 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 European Union to stand at -0.60 in 12 months time. In the long-term, the European Union Industrial Production MoM is projected to trend around 0.40 percent in 2020, according to our econometric models.