Eurozone industrial production dropped 0.8 percent from a year earlier in December 2020, a 26th month of contraction and compared with market expectations of a 0.3 percent decrease. source: EUROSTAT
Industrial Production in the Euro Area averaged 0.71 percent from 1991 until 2020, reaching an all time high of 9.70 percent in August of 2000 and a record low of -28.40 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 February of 2021.
Industrial Production in Euro Area is expected to be 4.50 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 5.00 in 12 months time. In the long-term, the Euro Area Industrial Production is projected to trend around 5.00 percent in 2022 and 2.00 percent in 2023, according to our econometric models.