European Union Mining Production - Forecast

Mining Production in European Union is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mining Production in European Union to stand at 1.60 in 12 months time. In the long-term, the European Union Mining Production is projected to trend around 1.90 percent in 2020, according to our econometric models.


Forecast Data Chart
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European Union Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Industrial Production Mom -0.7 -0.6 0.4 0.3 -0.3 0.3
Manufacturing Production 1 3 3.7 3.4 3.8 3.8
Industrial Production 0.8 3 2.6 2.5 2.8 2.3
Mining Production -0.9 1.1 1.5 1.4 1.6 1.9
Steel Production 14532 14000 13800 15200 14500 14200
Business Confidence 5.6 5.4 5.1 4.6 4.9 2
Capacity Utilization 83.8 83.8 84.1 83.8 83.7 84.5
Changes In Inventories 25528 19400 14700 11800 24500 12500