Industrial Production in the Euro Area decreased 0.8% year-on-year in March of 2022, compared to market forecasts of a 1% decline. Production of energy fell by 4%, capital goods by 2.7%, intermediate goods by 0.1%, while production of non-durable consumer goods rose by 2.8% and durable consumer goods by 6.6%. source: EUROSTAT
Industrial Production in the Euro Area averaged 1 percent from 1991 until 2022, reaching an all time high of 40.80 percent in April of 2021 and a record low of -28.10 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 2022.
Industrial Production in Euro Area is expected to be 1.80 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 is projected to trend around 3.20 percent in 2023 and 1.90 percent in 2024, according to our econometric models.