Euro Area Industrial Production  1991-2017 | Data | Chart | Calendar

Industrial production in the Euro Area rose 2 percent year-on-year in December of 2016, slowing from a 3.2 percent rise in November but slightly above expectations of 1.7 percent. Production rose in Italy, France and Spain but fell in Germany and Ireland. On a monthly basis, production fell 1.6 percent, following a 1.5 percent drop in November and worse than market expectations of a 1.5 percent decline. It is the biggest decline since September of 2012. Industrial Production in the Euro Area averaged 0.84 percent from 1991 until 2016, reaching an all time high of 9.20 percent in December of 2010 and a record low of -21.60 percent in April of 2009.

Euro Area Industrial Production
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-14 10:00 AM Oct 0.6% 1.3% 0.8% 1.1%
2017-01-12 10:00 AM Nov 3.2% 0.8% 1.6% 1.8%
2017-02-14 10:00 AM Dec 2% 3.2% 1.7% 2.4%
2017-03-14 10:00 AM Jan 2% 2.41%
2017-04-11 09:00 AM Feb 2.96%
2017-05-12 09:00 AM Mar 2.60%




Euro Area Industrial Output Growth Slows In December


Industrial production in the Euro Area rose 2 percent year-on-year in December of 2016, slowing from a 3.2 percent rise in November but slightly above expectations of 1.7 percent. On a monthly basis, production fell 1.6 percent, following a 1.5 percent drop in November and worse than market expectations of a 1.5 percent decline. It is the biggest decline since September of 2012.

Year-on-year, production rose for energy (6.5 percent); durable consumer goods (3.9 percent); intermediate goods (3.4 percent) and non-durable consumer goods (0.1 percent). In contrast, production of capital goods edged down 0.1 percent.

Among Member States for which data are available, the highest increases were recorded in Latvia (11.5 percent), Slovenia (10.2 percent) and Estonia  (10 percent). Production in Italy jumped 6.6 percent and increases were also seen in France (1.4 percent) and Spain (2 percent). In contrast, industrial output in Germany fell 0.8 percent and went down 1.8 percent in Ireland. 

On a monthly basis, production in the Euro Area fell for capital goods (-3.3 percent); energy (-1.4 percent); non-durable consumer goods (-1.2 percent) and intermediate goods (-0.2 percent). In contrast, production of durable consumer goods rose by 2.9 percent. 

Among Member States for which data are available, the largest decreases were registered in Ireland (-11.7 percent) and Germany (-3.1 percent). Production also fell in france (-0.9 percent),  and Spain (-0.4 percent) but rose in italy (1.4 percent). 

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
2/14/2017 10:30:07 AM



Euro Area Business Last Previous Highest Lowest Unit
Business Confidence 0.77 0.77 1.54 -3.90 [+]
Manufacturing PMI 55.50 55.20 59.00 33.50 [+]
Services PMI 55.60 53.70 58.30 39.20 Index Points [+]
Composite Pmi 56.00 54.40 56.00 45.70 Index Points [+]
Industrial Production 2.00 3.20 9.20 -21.60 percent [+]
Industrial Production Mom -1.60 1.50 2.70 -4.20 percent [+]
Manufacturing Production 1.30 2.80 10.00 -22.10 percent [+]
Capacity Utilization 82.50 82.30 85.30 69.60 percent [+]
Changes In Inventories -0.04 -1.52 25.85 -26.95 EUR Billion [+]
Zew Economic Sentiment Index 17.10 23.20 89.90 -63.70 [+]
Car Registrations 900.00 895.00 1130.00 669.00 Thousand [+]
Mining Production 9.90 7.00 42.30 -26.70 percent [+]



Euro Area Industrial Production Notes

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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 3.20 9.20 -21.60 1991 - 2016 percent Monthly



Last
Albania -11.20 Sep/16
Algeria 1.50 Sep/16
Angola 9.70 Jun/16
Argentina -2.30 Dec/16
Armenia 12.20 Jan/17
Australia -0.20 Sep/16
Austria 2.30 Nov/16
Azerbaijan -0.40 Dec/16
Barbados -2.41 Oct/16
Belarus 5.90 Jan/17
Belgium 1.40 Nov/16
Benin -10.80 Sep/16
Bosnia and Herzegovina 7.30 Dec/16
Botswana 9.81 Sep/16
Brazil -0.10 Dec/16
Bulgaria 6.90 Dec/16
Burkina Faso -3.50 Sep/16
Burundi -7.20 Sep/16
Cameroon 9.30 Mar/16
Canada 1.51 Oct/16
Chad 6.35 Jun/16
Chile 0.30 Dec/16
China 6.00 Dec/16
Colombia 2.20 Dec/16
Congo -13.18 Dec/14
Costa Rica 3.90 Oct/16
Croatia 14.90 Dec/16
Cuba 11.90 Dec/15
Cyprus 7.20 Nov/16
Czech Republic 2.70 Dec/16
Denmark 10.00 Dec/16
Ecuador -3.73 Feb/16
Egypt -1.10 Nov/16
El Salvador 1.00 Mar/16
Estonia 10.00 Dec/16
Euro Area 2.00 Dec/16
European Union 2.90 Dec/16
Fiji -7.30 Sep/16
Finland 1.30 Dec/16
France 1.30 Dec/16
Georgia 8.10 Sep/16
Germany -0.70 Dec/16
Greece 2.20 Dec/16
Guinea -15.76 Dec/13
Guinea Bissau 8.00 Sep/16
Hong Kong -0.10 Jun/17
Hungary -0.50 Dec/16
India -0.40 Dec/16
Indonesia -2.30 Nov/16
Iran 4.10 Sep/16
Iraq 0.90 Sep/16
Ireland -1.30 Dec/16
Israel -2.20 Dec/16
Italy 6.60 Dec/16
Ivory Coast 0.50 Nov/16
Japan 3.20 Dec/16
Jordan -0.20 Dec/16
Kazakhstan 4.90 Jan/17
Kosovo -4.80 Mar/16
Kyrgyzstan 33.80 Jan/17
Latvia 11.50 Dec/16
Lithuania 8.40 Jan/17
Luxembourg -4.69 Oct/16
Macau 4.50 Sep/16
Macedonia 3.50 Dec/16
Madagascar 4.07 Dec/14
Malawi -10.50 Dec/12
Malaysia 4.70 Dec/16
Mali -7.80 Sep/16
Malta 4.70 Dec/16
Mauritania -1.10 Dec/15
Mauritius 1.00 Sep/16
Mexico -0.60 Dec/16
Moldova 8.70 Dec/16
Mongolia 18.10 Jan/17
Montenegro 9.10 Dec/16
Morocco 0.20 Sep/16
Mozambique 0.30 Jun/16
Netherlands 7.50 Dec/16
New Zealand 5.10 Sep/16
Nicaragua 15.40 Jun/14
Niger 85.20 Sep/16
Nigeria 0.10 Jun/16
North Korea -3.10 Dec/15
Norway -1.40 Dec/16
Pakistan 7.98 Nov/16
Palestine 4.90 Dec/16
Panama -3.60 Sep/16
Peru 1.00 Jul/16
Philippines 19.40 Dec/16
Poland 9.00 Jan/17
Portugal 5.10 Dec/16
Romania 3.90 Dec/16
Russia 2.30 Jan/17
Rwanda 4.90 Dec/13
Saudi Arabia 2.70 Dec/14
Senegal 8.00 Dec/16
Serbia 3.90 Dec/16
Singapore 21.30 Dec/16
Slovakia 3.00 Dec/16
Slovenia 10.20 Dec/16
South Africa -2.00 Dec/16
South Korea 4.30 Dec/16
Spain 1.90 Dec/16
Sri Lanka -5.70 Nov/16
Sweden -0.90 Dec/16
Switzerland 0.40 Sep/16
Taiwan 6.25 Dec/16
Tajikistan 16.00 Dec/16
Thailand 0.54 Dec/16
Togo -1.80 Sep/16
Tunisia 0.60 Nov/16
Turkey 1.30 Dec/16
Ukraine 4.50 Dec/16
United Kingdom 4.30 Dec/16
United States 0.00 Jan/17
Uruguay 5.60 Dec/16
Uzbekistan 6.60 Dec/16
Venezuela 0.81 Sep/13
Vietnam 0.70 Jan/17
Zambia -2.40 Sep/15