Euro Area Industrial Production 1991-2015 | Data | Chart | Calendar

Industrial Production In the Euro Area increased 1.60 percent in May of 2015 over the same month in the previous year. Industrial Production in the Euro Area averaged 0.87 percent from 1991 until 2015, 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. Industrial Production in the Euro Area is reported by the Eurostat.

      Forecast
Euro Area Industrial Production
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Actual Previous Highest Lowest Dates Unit Frequency
1.60 0.90 9.80 -21.40 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. Content for - Euro Area Industrial Production - was last refreshed on Wednesday, July 29, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-05-13 10:00 AM Mar 1.8% 1.9% (R) 1.8% 1.2%
2015-06-12 10:00 AM Apr 0.8% 2.1% (R) 1.1% 1.3%
2015-07-14 10:00 AM May 1.6% 0.9% (R) 1.9% 1.17%
2015-08-12 10:00 AM Jun 1.6% 1.21%
2015-09-14 10:00 AM Jul 1.47%
2015-10-14 10:00 AM Aug 1.88%


Euro Area Industrial Production Rises in May


Industrial production in the Eurozone increased 1.6 percent year-on-year in May, compared to an upwardly revised 0.9 percent growth in April, but below market expectations. On a monthly basis, industrial output surprisingly fell 0.4 percent, from a 0.1 percent rise in the previous month.

Compared with May 2014, industrial production went up 1.6 percent due to production of durable consumer goods rising by 4.8 percent, capital goods by 4.1 percent and intermediate goods by 2.2 percent; while non-durable consumer goods fell by 0.5 percent and energy by 4.2 percent. In the EU28, industrial production rose 2.0 percent is due to higher production of capital goods by 4.2 percent, durable consumer goods by 4.1 percent and intermediate goods by 2.2 percent; while non-durable consumer goods fell by 0.4 percent and energy by 0.9 percent. 

The highest increases in industrial production were registered in Malta (+9.5 percent), Latvia (+6.5 percent) and Hungary (+6.2 percent), and the largest decreases in the Netherlands (-7.4 percent), Finland (-5.1 percent) and Ireland (-5.0 percent). 

On a monthly basis, industrial production decreased 0.4 percent, mainly due to production of energy falling by 3.2 percent and non-durable consumer goods by 1.4 percent, while intermediate goods increased by 0.1 percent, durable consumer goods by 0.4 percent and capital goods by 1.0 percent. In the EU28, the decrease of 0.3 percent is due to production of energy decreasing by 1.2 percent, non durable consumer goods by 0.6 percent and intermediate goods by 0.2 percent; while durable consumer goods were stable. Capital goods rose by 0.6 percent. 

The largest decreases in industrial production were registered in Ireland (-6.9 percent), the Netherlands (-5.7 percent) and Greece (-5.1 percent), and the highest increases in Croatia (+2.6 percent), Lithuania (+1.7 percent) and Portugal (+1.0 percent). 

Eurostat | joana.ferreira@tradingeconomics.com
7/14/2015 10:15:32 AM


Recent Releases

Euro Area Industrial Production Disappoints
Industrial output in the Eurozone rose 0.8 percent year-on-year in April, slowing from an upwardly revised 2.1 percent gain in March and below market expectations. Compared with the previous month, production edged up a meager 0.1 percent.
Published on 2015-06-12

Euro Area Industrial Production Rises in March
Industrial production in the Eurozone increased 1.8 percent year-on-year in March, down from a revised 1.9 percent growth in February, as expected. On a monthly basis, industrial output surprisingly fell 0.3 percent, from a revised 1.0 percent rise in the previous month.
Published on 2015-05-13

Euro Area Industrial Production Beats Expectations
Industrial production in the Eurozone increased 1.6 percent year-on-year in February, up from a revised 0.4 percent rise in January and better than market expectations. On a monthly basis, industrial output went up 1.1 percent, the highest gain in ten months.
Published on 2015-04-14

Euro Area Industrial Production Gains 1.2% in January
Factory output in the Eurozone rose 1.2 percent year-on-year in January of 2015 compared with a 0.6 percent increase reported in December. Yet, on a monthly basis, industrial production unexpectedly shrank 0.1 percent.
Published on 2015-03-12


Euro Area Business Last Previous Highest Lowest Unit
Business Confidence 0.14 0.28 1.53 -3.89 [+]
Manufacturing PMI 52.20 52.50 59.00 33.50 [+]
Services PMI 53.80 54.40 58.30 39.20 Index Points [+]
Industrial Production 1.60 0.90 9.80 -21.40 percent [+]
Industrial Production Mom -0.40 0.10 2.30 -4.20 percent [+]
Manufacturing Production 2.40 0.90 10.20 -22.40 percent [+]
Capacity Utilization 81.10 81.00 85.30 69.60 percent [+]
Changes In Inventories -5.80 -9.80 21.64 -20.94 EUR Billion [+]
Zew Economic Sentiment Index 42.70 53.70 89.90 -63.70 [+]
Car Registrations 795.00 783.00 1130.00 665.00 Thousand [+]
Composite Pmi 53.70 54.20 54.20 45.70 Index Points [+]
Mining Production -24.40 -13.30 25.80 -26.60 percent [+]


Industrial Production Reference Previous Highest Lowest Unit
Australia 2.71 Mar/15 3.72 12.95 -7.78 percent [+]
Brazil -8.80 May/15 -7.60 20.12 -17.47 percent [+]
Canada -1.08 Apr/15 -0.55 11.40 -14.70 percent [+]
China 6.80 Jun/15 6.10 29.40 -21.10 percent [+]
Euro Area 1.60 May/15 0.90 9.80 -21.40 percent [+]
France 1.60 May/15 1.10 8.50 -19.30 percent [+]
Germany 2.10 May/15 1.10 15.00 -22.00 percent [+]
India 2.70 May/15 3.36 20.00 -7.20 percent [+]
Indonesia 8.20 May/15 6.43 34.50 -25.40 percent [+]
Italy 3.00 May/15 0.10 17.40 -25.90 percent [+]
Japan -3.90 May/15 0.10 33.10 -38.60 percent [+]
Mexico -0.90 May/15 1.10 20.30 -14.82 percent [+]
Netherlands -7.60 May/15 -4.30 13.90 -19.20 percent [+]
Russia -4.80 Jun/15 -5.50 17.70 -16.90 percent [+]
South Korea -2.80 May/15 -2.60 38.80 -25.30 percent [+]
Spain 3.40 May/15 1.70 17.80 -28.40 percent [+]
Switzerland -0.50 Mar/15 2.70 14.68 -8.80 percent [+]
Turkey 2.40 May/15 3.90 25.20 -23.70 percent [+]
United Kingdom 2.10 May/15 1.20 22.70 -12.00 percent [+]
United States 1.30 Jun/15 1.50 62.00 -33.70 percent [+]