Euro Area Industrial Production

Industrial Production In the Euro Area increased 1.70 percent in February of 2014 over the same month in the previous year. Industrial Production In the Euro Area is reported by the Eurostat. Industrial Production in the Euro Area averaged 0.86 Percent from 1991 until 2014, reaching an all time high of 9.80 Percent in May of 2010 and a record low of -21.40 Percent in April of 2009. 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 - Euro Area Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1.70 1.60 9.80 -21.40 2.64 | 2014/03 1991 - 2014 Percent Monthly

TO

Euro Area Industrial Production
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-14 10:00 AM Euro Area
Industrial Production YoY
Nov 2013 3.0% 0.5% (R) 1.4% -0.25%
2014-02-12 10:00 AM Euro Area
Industrial Production YoY
Dec 2013 0.5% 2.8% (R) 1.8% 1.1%
2014-03-12 10:00 AM Euro Area
Industrial Production YoY
Jan 2014 2.1% 1.2% (R) 1.9% 1.37%
2014-04-14 10:00 AM Euro Area
Industrial Production YoY
Feb 2014 1.7% 1.6% (R) 1.6% 1.8%
2014-05-14 10:00 AM Euro Area
Industrial Production YoY
Mar 2014 1.7% 2.64%
2014-06-12 10:00 AM Euro Area
Industrial Production YoY
Apr 2014 2.91%
[+]

Business Last Previous Highest Lowest Forecast Unit
Capacity Utilization 80.00 2014-02-15 78.40 85.30 69.60 78.09 2014-05-31 Percent [+]
Business Confidence 0.39 2014-03-15 0.36 1.50 -3.77 0.45 2014-04-30 [+]
Industrial Production 1.70 2014-02-28 1.60 9.80 -21.40 2.64 2014-03-31 Percent [+]
Car Registrations 735.00 2014-02-15 710.00 1130.00 665.00 730.55 2014-03-31 Thousand [+]
Changes In Inventories -6.68 2013-11-15 2.26 21.64 -20.94 -1.69 2014-03-31 EUR [+]
Industrial Production Mom 0.20 2014-02-15 0.00 2.30 -4.20 0.41 2014-02-28 Percent [+]
Manufacturing Pmi 53.30 2014-04-15 53.00 59.00 33.50 53.10 2014-04-30 [+]
Manufacturing Production 3.50 2014-01-31 1.70 10.20 -22.40 2.84 2014-02-28 Percent [+]
Sentix Investors Sentiment 14.08 2014-04-15 13.92 42.02 -42.67 16.11 2014-05-31 [+]
Services Pmi 53.10 2014-04-30 52.20 58.30 39.20 54.14 2014-04-30 Index Points [+]
Zew Economic Sentiment Index 61.20 2014-04-15 61.50 89.90 -63.70 60.99 2014-05-31 [+]
[+]


Euro Area Industrial Production Up 1.7% YoY

In February of 2014, Euro Area industrial output advanced 1.7 percent on a yearly basis, slightly up from a revised 1.6 percent growth rate in January. On a monthly basis, industrial production rose 0.2 percent, rebounding from a revised flat growth in the previous month.

Year-on-year, the increase in industrial production in the euro area is due to production of intermediate goods rising by 4.2 percent, capital goods by 4.0 percent and non-durable consumer goods by 2.8 percent, while production of durable consumer goods fell by 0.6 percent and energy by 8.5 percent. 

In the EU 28, the increase of 2.1 percent is due to production of intermediate goods rising by 4.6 percent, capital goods by 4.5 percent, non-durable consumer goods by 2.7 percent and durable consumer goods by 1.5 percent, while production of energy fell by 7.2 percent. 

The highest increases in industrial production were registered in Slovakia (+9.0 percent), Romania (+8.9 percent) and Hungary (+8.2 percent), and the largest decreases in the Netherlands (-8.9 percent), Finland (-5.4%) and Lithuania (-2.1 percent).  

On a monthly basis, the increase of 0.2 percent in industrial production in the euro area in February of 2014 is due to production of intermediate goods rising by 0.6 percent and non-durable consumer goods by 0.5 percent, while capital goods remained stable and durable consumer goods fell by 1.2 percent and energy by 1.7 percent. 

In the EU 28, the increase of 0.4 percent is due to production of non-durable consumer goods rising by 0.9 percent, intermediate goods by 0.5 percent and capital goods by 0.2 percent, while durable consumer goods fell by 0.7 percent and energy by 1.4 percent. 

The highest increases in industrial production were registered in Malta (+5.4 percent), Ireland (+5.0 percent) and Lithuania (+2.5 percent), and the largest decreases in Croatia (-2.8 percent), Estonia (-2.2 percent) and Romania (-1.3 percent). 

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
4/14/2014 10:13:27 AM

RECENT RELEASES

Euro Area Industrial Production Up 2.1% YoY in January
Euro Area industrial output rose at a faster-than-expected 2.1 percent over a year earlier in January of 2014, compared with a 0.5 percent rise in the previous month. On a monthly basis, production shrank for the second straight month by 0.2 percent on falling energy output. Published on 2014-03-12

Euro Area Industrial Production Unexpectedly Slows in December
In December of 2013, Euro Area industrial production grew at a slower pace of 0.5 percent yoy, after rising by a revised 2.8 percent in the previous month. On a monthly basis, industrial output shrank 0.7 percent due to falling production of energy and capital goods. Published on 2014-02-12


Industrial Production | Notes
The data given on this page shows a year over year change in a seasonally adjusted Industrial Production Index. Industrial Production Index is an economic indicator that measures changes in output for the manufacturing, mining, and utilities. Although these sectors contribute only a small portion of GDP, they are highly sensitive to interest rates and consumer demand. This makes Industrial Production an important tool for forecasting future GDP and economic performance. Industrial Production figures are also used by central banks to measure inflation, as high levels of industrial production can lead to uncontrolled levels of consumption and rapid inflation.


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