Industrial production in the Euro Area increased 0.7% month-over-month in June of 2022, following a sharply revised 2.1% jump in May and more than the triple of market expectations of 0.2%. Production rose for capital goods (2.6% vs .6% in May) and rebounded for energy (0.6% vs -3.4%) but fell for both durable (-1.1% vs 1%) and nondurable (-2.3% vs 2.2%) goods. Among the bloc's biggest economies, production went up in Germany (0.6%), France (1.3%) and Spain (1) but fell in Italy (-2.1%). Year-on-year, industrial production went up 2.4%, after a 1.6% rise in May. source: EUROSTAT
Industrial Production Mom in the Euro Area averaged 0.09 percent from 1990 until 2022, reaching an all time high of 13.30 percent in May of 2020 and a record low of -18.40 percent in April of 2020. This page provides the latest reported value for - Euro Area Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Industrial Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Industrial Production Mom in Euro Area is expected to be -0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Industrial Production MoM is projected to trend around 0.40 percent in 2023 and 0.30 percent in 2024, according to our econometric models.