European Union Manufacturing Production  Forecast


European Union Manufacturing Production
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Manufacturing Production in European Union is expected to be 3.29 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 1.62 in 12 months time. In the long-term, the European Union Manufacturing Production is projected to trend around 1.01 percent in 2020, according to our econometric models.


European Union Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Industrial Production Mom -0.5 -0.1 0.04 0.07 0.07 0.06
Manufacturing Production 4.6 3.29 2.66 2.07 1.62 1.01
Industrial Production 3.6 3.22 2.53 1.86 1.36 0.96
Mining Production -5.2 -2.65 -2.18 -2.07 -1.95 -1.64
Steel Production 14747 13944 14162 13887 13948 13711
Business Confidence 8.1 8.24 6.84 3.79 0.16 -5.42
Capacity Utilization 83.6 82.99 83.73 83.51 83.11 80.68
Changes In Inventories 20171 16193 15322 12350 10382 10591