European Union Manufacturing Production  Forecast


Manufacturing Production in European Union is expected to be 2.69 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 1.40 in 12 months time. In the long-term, the European Union Manufacturing Production is projected to trend around 0.99 percent in 2020, according to our econometric models.


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European Union Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Industrial Production Mom -0.3 -0.06 0.01 0.04 0.04 0.05
Manufacturing Production 3.5 2.69 2.17 1.72 1.4 0.99
Industrial Production 3.1 2.78 2.17 1.62 1.22 0.95
Mining Production -0.7 -1.1 -1.21 -1.31 -1.37 -1.53
Steel Production 12622 13434 13549 13465 13537 13595
Business Confidence 5.4 3.77 1.03 -1.94 -4.56 -5.04
Capacity Utilization 82.9 82.99 82.82 82.52 82.15 80.81
Changes In Inventories 15692 11202 9485 8736 8499 10295