Manufacturing Production In the Euro Area decreased 2 percent in July of 2019 over the same month in the previous year. Manufacturing Production in the Euro Area averaged 1.20 percent from 1992 until 2019, reaching an all time high of 10 percent in February of 2011 and a record low of -21.70 percent in April of 2009.
Manufacturing Production in Euro Area is expected to be -3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in Euro Area to stand at 1.00 in 12 months time. In the long-term, the Euro Area Manufacturing Production is projected to trend around 1.70 percent in 2020, according to our econometric models.