Industrial production in the Euro Area edged down 0.2% mom in September of 2021, following a 1.7% drop in the previous month but less than market forecasts of a 0.5% fall, as supply constraints and high commodity prices weighed on the sector. Production of capital goods fell by 0.7%, intermediate goods by 0.2%, while production of energy remained stable. On the other hand, the output for durable consumer goods rose by 0.5% and non-durable consumer goods by 1%. Among the biggest economies, production fell in Germany (-1.4%) and France (-1.3%) but grew slightly in both Italy (0.1%) and Spain (0.2%). source: EUROSTAT
Industrial Production Mom in the Euro Area averaged 0.08 percent from 1990 until 2021, reaching an all time high of 14 percent in May of 2020 and a record low of -19.30 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 November of 2021.
Industrial Production Mom in Euro Area is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.