Industrial production in the Euro Area dropped 1.0 percent from a month earlier in February 2021, following a 0.8 percent increase in January and compared with market expectations of a 1.1 percent fall. It was the largest decline in industrial activity since April's record contraction, as many countries across Europe remained under strict coronavirus restrictions. Output contracted for all categories: capital goods (-1.9 percent vs 1.2 percent); energy (-1.2 percent vs 0.3 percent); durable consumer goods (-1.1 percent vs 0.9 percent); intermediate goods (-0.7 percent vs 0.0 percent); and non-durable consumer goods (-0.1 percent vs 0.5 percent). On a yearly basis, industrial production was down 1.6 percent in February, compared with forecasts of a 0.9 percent decline. source: EUROSTAT

Industrial Production Mom in the Euro Area averaged 0.08 percent from 1990 until 2021, reaching an all time high of 12.90 percent in May of 2020 and a record low of -18.60 percent in April of 2020. This page provides the latest reported value for - Euro Area Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Industrial Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Industrial Production Mom in Euro Area is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Euro Area to stand at 0.90 in 12 months time. In the long-term, the Euro Area Industrial Production MoM is projected to trend around 0.50 percent in 2022 and 0.40 percent in 2023, according to our econometric models.

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Euro Area Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
-1.00 0.80 12.90 -18.60 1990 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-01-13 10:00 AM Nov 2.5% 2.3% 0.2% 0.3%
2021-02-15 10:00 AM Dec -1.6% 2.6% -1% -0.4%
2021-03-12 10:00 AM Jan 0.8% -0.1% 0.2% 0.2%
2021-04-14 09:00 AM Feb -1% 0.8% -1.1% -3.2%
2021-05-12 09:00 AM Mar -1% -1.6%
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 the Most in 10 Months
Industrial production in the Euro Area dropped 1.0 percent from a month earlier in February 2021, following a 0.8 percent increase in January and compared with market expectations of a 1.1 percent fall. It was the largest decline in industrial activity since April's record contraction, as many countries across Europe remained under strict coronavirus restrictions. Output contracted for all categories: capital goods (-1.9 percent vs 1.2 percent); energy (-1.2 percent vs 0.3 percent); durable consumer goods (-1.1 percent vs 0.9 percent); intermediate goods (-0.7 percent vs 0.0 percent); and non-durable consumer goods (-0.1 percent vs 0.5 percent). On a yearly basis, industrial production was down 1.6 percent in February, compared with forecasts of a 0.9 percent decline.
2021-04-14
Eurozone Industrial Output Growth Beats Forecasts
Industrial production in the Euro Area rose 0.8 percent from a month earlier in January 2021, rebounding from a downwardly revised 0.1 percent fall in December and compared with market expectations of a 0.2 percent increase. Output of durable consumer goods, such as televisions and washing machines, rose 0.8 percent, after a 0.9 percent advance in the previous month. Production also grew for non-durable consumer goods (0.6 percent vs -0.9 percent), capital goods (0.4 percent vs -0.7 percent), energy (0.4 percent vs 1.5 percent) and intermediate goods (0.3 percent vs 1.3 percent). On a yearly basis, industrial production was up 0.1 percent in January, ending a 26-month period of contraction and compared with forecasts of a 2.4 percent decline.
2021-03-12
Eurozone Industrial Output Falls More than Forecast
Eurozone industrial production dropped 1.6 percent from a month earlier in December 2020, ending a seven-month period of growth and compared with market expectations of a 1.0 percent decrease. Capital goods output fell 3.1 percent (vs 6.8 percent in November) and non-durable consumer goods production shrank 0.6 percent (vs -1.3 percent in November). Meanwhile, output of durable consumer goods, such as televisions and washing machines, rose 0.8 percent, after a 1.0 percent decline in the previous month. Production also grew for both energy (1.4 percent vs -4.0 percent) and intermediate goods (1.0 percent vs 1.8 percent). On a yearly basis, industrial production was down 0.8 percent, a 26th month of contraction and compared with forecasts of a 0.3 percent decline.
2021-02-15
Eurozone Industrial Output Rises for 7th Month
Eurozone industrial production rose 2.5 percent from a month earlier in November 2020, a seventh consecutive month of growth and compared with market expectations of a 0.2 percent increase. Capital goods output jumped 7.0 percent (vs 2.9 percent in October) and intermediate goods production advanced 1.5 percent (vs 2.3 percent in October). Meanwhile, output of durable consumer goods, such as televisions and washing machines, dropped 1.2 percent, after a 1.5 percent rise in the previous month. Production also fell for both energy (-3.9 percent vs 2.1 percent) and non-durable consumer goods (-1.7 percent vs 0.3 percent).
2021-01-13

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