Industrial production in the Euro Area dropped 1.6 percent from a year earlier in February 2021, following a 0.1 percent increase in the previous month and compared with market expectations of a 0.9 percent fall. source: EUROSTAT

Industrial Production in the Euro Area averaged 0.70 percent from 1991 until 2021, reaching an all time high of 9.70 percent in August of 2000 and a record low of -28.50 percent in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Industrial Production in Euro Area is expected to be 15.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Euro Area to stand at 4.20 in 12 months time. In the long-term, the Euro Area Industrial Production is projected to trend around 3.60 percent in 2022 and 2.00 percent in 2023, according to our econometric models.

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Euro Area Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-1.60 0.10 9.70 -28.50 1991 - 2021 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-01-13 10:00 AM Nov -0.6% -3.5% -3.3% -3.2%
2021-02-15 10:00 AM Dec -0.8% -0.6% -0.3% 0.0%
2021-03-12 10:00 AM Jan 0.1% -0.2% -2.4% -3%
2021-04-14 09:00 AM Feb -1.6% 0.1% -0.9% -2%
2021-05-12 09:00 AM Mar -1.6% 12.4% 11.5%
2021-06-14 09:00 AM Apr
2021-07-14 09:00 AM May
2021-08-12 09:00 AM Jun

News Stream
Eurozone Industrial Output Falls More than Expected
Industrial production in the Euro Area dropped 20.9 percent from a year earlier in May 2020, following an upwardly revised record 28.7 plunge in the previous month and compared with market expectations of a 20 percent slump. It was the third consecutive decline in industrial output, amid the coronavirus crisis. Production of capital goods fell by 28.4 percent, durable consumer goods by 24 percent, intermediate goods by 19.7 percent, non-durable consumer goods by 14.4 percent and energy by 10.3 percent. Among the bloc’s largest economies, production went down in France (-24 percent), Germany (-23.1 percent), and Italy (-20.3 percent). On a monthly basis, industrial output increased a record 12.4 percent in May, recovering from a 18.2 percent fall in the previous month but below market forecasts of a 15 percent gain.
Eurozone Industrial Output Falls the Most Since 2009
The Eurozone industrial production fell 12.9 percent from a year earlier in March 2020, the steepest decline since August 2009 and compared to market expectations of a 12.4 percent contraction, as the COVID-19 pandemic hit businesses and activity. The biggest decreases were seen in the production of capital and durable consumer goods, followed by intermediate goods, energy and non-durable consumer goods.

Euro Area Industrial Production
In Euro Area, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.