Manufacturing Production in European Union increased 23 percent in May of 2021 over the same month in the previous year. source: EUROSTAT
Manufacturing Production in European Union averaged 1.22 percent from 1992 until 2021, reaching an all time high of 42.20 percent in April of 2021 and a record low of -29.60 percent in April of 2020. This page provides - European Union Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Manufacturing Production - values, historical data and charts - was last updated on July of 2021.
Manufacturing Production in European Union is expected to be 7.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in European Union to stand at 4.90 in 12 months time. In the long-term, the European Union Manufacturing Production is projected to trend around 3.60 percent in 2022 and 2.20 percent in 2023, according to our econometric models.