Manufacturing Production in European Union decreased 1.40 percent in January of 2020 over the same month in the previous year.
Manufacturing Production in European Union averaged 1.10 percent from 1991 until 2020, reaching an all time high of 10 percent in December of 1994 and a record low of -20 percent in April of 2009. This page provides - European Union Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Manufacturing Production - values, historical data and charts - was last updated on October of 2020.
Manufacturing Production in European Union is expected to be -8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in European Union to stand at 16.00 in 12 months time. In the long-term, the European Union Manufacturing Production is projected to trend around 5.20 percent in 2021 and 2.20 percent in 2022, according to our econometric models.