Euro Area Industrial Production  1991-2016 | Data | Chart | Calendar

Industrial production in the Eurozone dropped 1.3 percent year-on-year in December 2015, compared to an upwardly revised 1.4 percent gain in the previous month while missing market consensus of 0.8 percent growth. It was the first fall since November 2014 and the sharpest since August 2013, as production of energy went down 7.3 percent and capital goods declined 2.6 percent. On a monthly basis, industrial output fell for the second straight month by 1 percent following a 0.5 percent decline in November. Industrial Production in the Euro Area averaged 0.85 percent from 1991 until 2015, reaching an all time high of 9.30 percent in December of 2010 and a record low of -21.70 percent in April of 2009. Industrial Production in the Euro Area is reported by the Eurostat.

Euro Area Industrial Production
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Actual Previous Highest Lowest Dates Unit Frequency
-1.30 1.10 9.30 -21.70 1991 - 2015 percent Monthly
In Euro Area, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - Euro Area Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Industrial Production - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-12-14 10:00 AM Oct 1.9% 1.3% 1.3% 1.4%
2016-01-13 10:00 AM Nov 1.1% 2.0% 1.3% 1.5%
2016-02-12 10:00 AM Dec -1.3% 1.4% 0.8% 0.8%
2016-03-14 10:00 AM Jan -1.3% 1.4%
2016-04-13 09:00 AM Feb 1%
2016-05-12 09:00 AM Mar 1.1%

Euro Area Industrial Output Posts Highest Drop Since August 2013


Industrial production in the Eurozone dropped 1.3 percent year-on-year in December 2015, compared to an upwardly revised 1.4 percent gain in the previous month while missing market consensus of 0.8 percent growth. It was the first fall since November 2014 and the sharpest since August 2013, as production of energy went down 7.3 percent and capital goods declined 2.6 percent. On a monthly basis, industrial output fell for the second straight month by 1 percent following a 0.5 percent decline in November.

Year-on-year, industrial production fell 1.3 percent due to lower production of energy (-7.3 percent) and capital goods (-2.6 percent), while production of intermediate goods (+0.4 percent), durable consumer goods (+0.8 percent) and non-durable consumer goods (+1.4 percent) rose. In the EU28, output dropped 0.8 percent as production of energy fell by 5.7 percent and capital goods by 1.4 percent, while production of intermediate goods rose by 0.1 percent, non-durable consumer goods by 1.4 percent and durable consumer goods by 1.5 percent.

Among Member States for which data are available, the largest decreases in industrial production were registered in the Netherlands (-9.4 percent), Estonia (-8.8 percent) and Germany (-2.3 percent), and the highest increases in Ireland (+18.5 percent), Hungary (+6.9 percent) and Malta (+5.7 percent).

On a monthly basis, industrial production decreased by 1 percent, as production of energy declined by 2.4 percent, capital goods by 1.9 percent and both intermediate goods and non-durable consumer goods by 0.3 percent, while production of durable consumer goods rose by 1.4 percent. In the EU28, output went down also by 1 percent mainly due to lower production of energy (-2.8 percent), capital goods (-1.6 percent) and intermediate goods (-0.4 percent), while production of non-durable consumer goods (+0.1 percent) and durable consumer goods (+1.5 percent) rose.

Among Member States for which data are available, the largest decreases in industrial production were registered in Ireland (-4.3 percent), Lithuania and Sweden (both -3.3 percent), and the highest increases in Denmark (+2.9 percent), the Netherlands (+1.5 percent) and Greece (+1.4 percent). 

Eurostat | Joana Ferreira | joana.ferreira@tradingeconomics.com
2/12/2016 3:28:09 PM

Euro Area Business Last Previous Highest Lowest Unit
Business Confidence 0.29 0.41 1.63 -3.58 [+]
Manufacturing PMI 52.30 53.20 59.00 33.50 [+]
Services PMI 53.60 54.20 58.30 39.20 Index Points [+]
Composite Pmi 53.60 54.30 54.30 45.70 Index Points [+]
Industrial Production -1.30 1.10 9.30 -21.70 percent [+]
Industrial Production Mom -1.00 -0.70 2.40 -4.20 percent [+]
Manufacturing Production -0.40 1.80 10.20 -22.40 percent [+]
Capacity Utilization 81.90 81.50 85.30 69.60 percent [+]
Changes In Inventories -7.35 -12.15 21.64 -20.94 EUR Billion [+]
Zew Economic Sentiment Index 22.70 33.90 89.90 -63.70 [+]
Car Registrations 891.00 825.00 1130.00 665.00 Thousand [+]
Mining Production -28.30 -24.60 25.80 -28.30 percent [+]




Last
Albania 23.00 Sep/15
Algeria 2.00 Sep/15
Angola 19.40 Mar/15
Argentina -2.60 Oct/15
Armenia 10.80 Dec/15
Australia 2.18 Aug/15
Austria 2.60 Nov/15
Azerbaijan -0.70 Dec/14
Barbados -2.10 Nov/15
Belarus -1.10 Dec/15
Belgium 4.10 Nov/15
Benin -0.20 Mar/15
Bosnia and Herzegovina 1.50 Dec/15
Botswana -5.67 Sep/15
Brazil -11.90 Dec/15
Bulgaria 1.60 Dec/15
Burkina Faso 14.20 Jun/15
Burundi 20.50 Sep/15
Cameroon 10.40 Jun/15
Canada -2.17 Nov/15
Chad 14.50 Jun/14
Chile -3.30 Dec/15
China 5.90 Dec/15
Colombia 4.80 Nov/15
Congo 2.80 Dec/12
Costa Rica 3.60 Nov/15
Croatia 1.00 Dec/15
Cuba 0.90 Dec/14
Cyprus 7.40 Nov/15
Czech Republic 0.70 Dec/15
Denmark -0.80 Dec/15
Ecuador -4.45 Oct/15
Egypt -5.50 Aug/15
El Salvador 1.30 Dec/15
Estonia -8.80 Dec/15
Euro Area -1.30 Dec/15
European Union -0.80 Dec/15
Fiji -7.70 Sep/15
Finland 0.50 Dec/15
France 2.00 Dec/15
Georgia 7.10 Sep/15
Germany -2.20 Dec/15
Greece 5.20 Dec/15
Guinea -15.76 Dec/13
Guinea Bissau 42.50 Sep/15
Hong Kong -1.90 Sep/15
Hungary 9.40 Dec/15
India -1.30 Dec/15
Indonesia 6.50 Nov/15
Iran 9.70 Mar/15
Iraq 1.70 Jun/15
Ireland 18.00 Dec/15
Israel 5.44 Nov/15
Italy -1.00 Dec/15
Ivory Coast 5.50 Sep/15
Japan -1.60 Dec/15
Jordan 2.20 Nov/15
Kazakhstan -0.70 Jan/16
Kosovo 10.70 Sep/15
Kyrgyzstan -37.30 Dec/15
Latvia 2.60 Dec/15
Lithuania 4.80 Dec/15
Luxembourg 4.88 Nov/15
Macau -13.00 Sep/15
Macedonia 10.50 Dec/15
Madagascar 4.07 Dec/14
Malawi -10.50 Dec/12
Malaysia 2.70 Dec/15
Mali 2.40 Sep/15
Malta 5.80 Dec/15
Mauritania -4.50 Sep/15
Mauritius 1.90 Sep/15
Mexico 0.00 Dec/15
Moldova -10.30 Nov/15
Mongolia 16.13 Dec/14
Montenegro -17.30 Dec/15
Morocco 1.50 Sep/15
Mozambique 28.78 Mar/15
Netherlands -9.60 Dec/15
New Zealand 3.20 Sep/15
Nicaragua 15.40 Jun/14
Niger -0.20 Sep/15
Nigeria -6.60 Jun/15
Norway -2.00 Dec/15
Pakistan 4.22 Nov/15
Palestine -22.50 Dec/15
Panama -4.60 Sep/15
Peru -4.22 Feb/15
Philippines -2.60 Dec/15
Poland 6.70 Dec/15
Portugal 1.60 Dec/15
Romania 2.20 Dec/15
Russia -4.50 Dec/15
Rwanda 4.90 Dec/13
Saudi Arabia 2.70 Dec/14
Senegal -6.73 Nov/15
Serbia 11.00 Dec/15
Singapore -7.90 Dec/15
Slovakia 8.20 Dec/15
Slovenia 1.80 Dec/15
South Africa 0.40 Dec/15
South Korea -1.90 Dec/15
Spain 3.70 Dec/15
Sri Lanka 8.95 Dec/15
Sweden 0.30 Dec/15
Switzerland -2.80 Sep/15
Taiwan -6.17 Dec/15
Tajikistan 11.20 Dec/15
Thailand 1.33 Dec/15
Togo -0.30 Sep/15
Tunisia -2.10 Oct/15
Turkey 4.50 Dec/15
Ukraine -2.10 Dec/15
United Kingdom -0.40 Dec/15
United States -1.80 Dec/15
Uruguay -1.20 Nov/15
Uzbekistan 8.10 Jun/15
Venezuela 0.81 Sep/13
Vietnam 5.90 Jan/16
Zambia 1.20 Jun/14