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CliQ INDIA > International > Foreign > Industrial production down by 0.1% in the euro area and unchanged in the EU
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Industrial production down by 0.1% in the euro area and unchanged in the EU

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Overview

In June 2024, compared with May 2024, seasonally adjusted industrial production decreased by 0.1% in the euro area and remained unchanged in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In May 2024, industrial production fell by 0.9% in the euro area and by 1.2% in the EU.

In June 2024, compared with June 2023, industrial production decreased by 3.9% in the euro area and by 3.2% in the EU.

Monthly comparison by main industrial grouping and by Member State

In the euro area in June 2024, compared with May 2024, industrial production

  • increased by 0.7% for intermediate goods,

  • increased by 1.9% for energy,

  • increased by 0.9% for capital goods,

  • increased by 3.8% for durable consumer goods,

  • decreased by 2.5% for non-durable consumer goods.

In the EU, industrial production

  • increased by 0.7% for intermediate goods,

  • increased by 1.4% for energy,

  • increased by 0.9% for capital goods,

  • increased by 3.2% for durable consumer goods,

  • decreased by 2.0% for non-durable consumer goods.

Among Member States for which data are available, the largest monthly decreases were recorded in Ireland (-7.8%), Belgium (-6.5%), Croatia and Portugal (both -3.7%). The highest increases were observed in Romania (+4.0%), Finland (+3.6%) and Slovakia (+2.1%).

Annual comparison by main industrial grouping and by Member State

In the euro area in June 2024, compared with June 2023, industrial production

  • decreased by 1.5% for intermediate goods,

  • increased by 2.6% for energy,

  • decreased by 7.8% for capital goods,

  • decreased by 2.1% for durable consumer goods,

  • increased by 0.1% for non-durable consumer goods.

In the EU, industrial production

  • decreased by 1.2% for intermediate goods,

  • increased by 2.6% for energy,

  • decreased by 7.1% for capital goods,

  • decreased by 2.0% for durable consumer goods,

  • increased by 0.9% for non-durable consumer goods.

Among Member States for which data are available, the largest annual decreases were recorded in Ireland (-17.4%), Croatia (-8.3%) and Latvia (-5.5%). The highest increases were observed in Greece (+9.5%), Cyprus (+8.8%) and Malta (+6.3%).

Industrial production in June 2024

Tables

Industrial production

% change compared with previous month*

Jan-24

Feb-24

Mar-24

Apr-24

May-24

Jun-24

-2.2

0.0

0.5

-0.1

-0.9

-0.1

2.1

0.4

-0.2

-0.3

-0.9

0.7

1.2

-3.1

-0.1

-0.2

0.4

1.9

-13.5

1.3

0.6

0.0

-2.6

0.9

-1.1

1.1

-0.6

0.2

-2.9

3.8

-0.6

-0.3

-2.9

3.7

1.7

-2.5

 

 

 

 

 

 

-2.0

0.2

0.0

0.5

-1.2

0.0

1.3

0.8

-0.3

-0.2

-1.0

0.7

1.0

-3.3

0.3

-0.1

0.2

1.4

-12.0

1.1

0.4

-0.2

-2.5

0.9

-1.0

1.4

-0.6

0.8

-3.0

3.2

-0.6

0.0

-2.7

4.2

0.8

-2.0

Industrial production

% change compared with previous month*

Jan-24

Feb-24

Mar-24

Apr-24

May-24

Jun-24

-2.2

0.0

0.5

-0.1

-0.9

-0.1

-2.0

0.2

0.0

0.5

-1.2

0.0

-3.4

0.1

3.6

0.1

2.0

-6.5

-4.1

0.2

-0.4

2.8

-2.5

-0.2

-3.1

2.1

-1.7

0.6

-2.2

0.7

-1.0

1.3

-2.6

11.2

-6.7

-0.1

0.9

0.9

-0.4

0.4

-3.1

1.6

-8.3

2.3

1.2

-1.6

3.6

-3.6

-20.2

-5.0

10.5

-3.3

5.4

-7.8

3.4

-1.7

-1.6

7.3

-2.9

1.6

0.9

1.3

-1.4

-0.1

-0.1

0.4

-1.3

0.4

-0.2

0.6

-2.1

0.7

-0.3

-2.5

0.5

0.0

2.5

-3.7

-1.4

-0.1

-0.4

-1.0

0.5

0.5

-0.4

0.8

2.4

-1.6

1.9

1.7

-1.5

2.1

-0.7

-5.0

3.3

-2.4

3.9

-2.8

4.0

3.9

-1.1

-2.2

-2.5

-1.1

4.9

-6.0

2.9

-0.2

-1.2

3.3

-3.2

-0.6

-1.2

0.5

-9.1

3.0

3.2

0.4

1.4

-0.6

-2.6

1.0

-0.9

0.3

-0.3

0.9

-1.3

-0.4

0.0

0.6

-1.9

0.0

0.5

0.0

-5.1

6.7

-2.6

1.2

3.0

0.6

2.9

-2.1

-3.2

-3.7

-3.4

3.3

4.0

-1.8

-6.2

4.0

8.8

3.2

-6.3

10.0

-7.3

:

-2.4

1.2

-1.4

2.6

-1.4

2.1

3.7

-0.1

-4.7

0.5

0.9

3.6

-0.4

-0.7

0.3

-2.5

1.3

-1.1

1.9

-3.8

3.4

-0.2

0.6

7.9

-1.8

-0.8

2.3

:

:

:

Industrial production

% change compared with same month of the previous year*

Jan-24

Feb-24

Mar-24

Apr-24

May-24

Jun-24

-6.5

-6.3

-1.2

-3.1

-3.3

-3.9

-3.1

-2.8

-2.7

-2.1

-3.3

-1.5

0.8

-3.3

-2.0

-1.9

0.4

2.6

-10.9

-9.1

1.7

-5.1

-7.3

-7.8

-7.4

-3.9

-7.4

-2.9

-5.0

-2.1

-4.0

-5.1

-7.4

0.3

2.4

0.1

 

 

 

 

 

 

-5.4

-5.2

-1.1

-2.1

-2.9

-3.2

-3.7

-2.5

-2.4

-1.8

-3.1

-1.2

1.0

-3.2

-1.6

-1.3

1.0

2.6

-9.2

-7.8

1.3

-4.7

-7.0

-7.1

-7.3

-3.9

-6.7

-2.1

-4.9

-2.0

-1.8

-3.6

-5.1

2.6

3.0

0.9

Industrial production

% change compared with same month of the previous year*

Jan-24

Feb-24

Mar-24

Apr-24

May-24

Jun-24

-6.5

-6.3

-1.2

-3.1

-3.3

-3.9

-5.4

-5.2

-1.1

-2.1

-2.9

-3.2

-4.1

-7.8

-5.9

2.8

2.2

-2.2

-9.2

-8.0

-7.7

-0.3

-4.9

-5.2

-0.3

0.7

-2.8

-0.4

-3.2

-3.3

8.4

4.6

4.0

18.6

7.7

2.4

-5.2

-6.5

-5.1

-3.7

-7.3

-4.1

-10.2

-5.3

-5.6

-4.8

-1.6

-2.9

-32.1

-35.9

38.5

-15.9

6.5

-17.4

10.4

1.9

-0.6

11.9

6.9

9.5

0.4

3.7

-0.3

0.1

0.0

0.8

0.8

-0.6

0.6

1.3

-3.1

-1.7

-1.4

-5.2

-5.0

-2.0

-3.3

-8.3

-3.7

-3.4

-3.3

-3.0

-3.3

-2.6

1.9

2.2

8.4

3.2

5.1

8.8

-2.7

1.1

0.5

-7.9

-0.5

-5.5

-0.3

-1.0

2.3

2.3

5.0

0.2

-4.3

-7.9

-0.8

-5.1

-1.4

-1.3

-3.2

1.8

-2.9

-2.2

-4.9

-3.7

-4.8

-3.5

0.8

3.7

2.1

6.3

-2.5

-1.1

-3.8

-2.2

-1.8

-3.3

-3.7

-5.1

-3.9

-3.1

-5.2

-4.4

1.0

1.2

-3.1

4.7

-0.4

1.1

-1.7

1.0

4.2

5.1

0.8

-3.0

-4.1

-1.7

3.7

3.7

-7.0

0.5

-3.6

2.6

-7.4

12.9

-5.0

:

3.5

0.1

-6.7

6.2

0.0

-2.4

-1.0

1.5

-9.1

-6.3

-5.8

3.1

-1.6

-2.7

2.7

-3.5

-0.8

3.8

8.3

1.8

4.6

3.5

5.9

14.9

-2.1

-2.0

-3.8

:

:

:

Production indices for total industry, calendar and seasonally adjusted

(base year 2021)

Jan-24

Feb-24

Mar-24

Apr-24

May-24

Jun-24

97.3

97.3

97.8

97.7

96.8

96.7

98.8

99.0

99.0

99.5

98.3

98.3

89.8

89.9

93.1

93.2

95.1

88.9

98.6

98.8

98.4

101.2

98.7

98.5

99.6

101.7

100.0

100.6

98.4

99.1

127.5

129.2

125.8

139.9

130.5

130.4

94.1

94.9

94.5

94.9

92.0

93.5

84.4

86.3

87.3

85.9

89.0

85.8

97.8

92.9

102.7

99.3

104.7

96.5

110.1

108.2

106.5

114.3

111.0

112.8

101.7

103.0

101.6

101.5

101.4

101.8

100.1

100.5

100.3

100.9

98.8

99.5

98.6

96.1

96.6

96.6

99.0

95.3

96.0

95.9

95.5

94.5

95.0

95.5

106.3

107.1

109.7

107.9

109.9

111.8

94.6

96.6

95.9

91.1

94.1

91.8

102.2

99.3

103.3

107.3

106.1

103.8

90.7

89.7

94.1

88.5

91.1

90.9

97.9

101.1

97.9

97.3

96.1

96.6

104.5

107.6

111.0

111.4

113.0

112.3

100.5

101.5

100.6

100.9

100.6

101.5

102.1

101.7

101.7

102.3

100.4

100.4

110.8

110.8

105.2

112.3

109.4

110.7

100.0

100.6

103.5

101.3

98.1

94.5

95.8

99.0

103.0

101.1

94.8

98.6

96.8

99.9

93.6

103.0

95.5

:

96.8

98.0

96.6

99.1

97.7

99.8

101.6

101.5

96.7

97.2

98.1

101.6

102.7

102.0

102.3

99.7

101.0

99.9

105.4

101.4

104.8

104.6

105.2

113.5

106.4

105.6

108.0

:

:

:

Production indices for total industry, calendar adjusted

(base year 2021)

Jan-24

Feb-24

Mar-24

Apr-24

May-24

Jun-24

94.2

94.6

104.4

96.5

95.5

99.0

95.7

96.3

106.1

98.3

97.1

100.6

86.5

86.6

101.6

89.6

94.7

93.8

93.7

93.6

101.5

98.5

94.6

100.7

95.8

98.1

108.0

100.0

99.8

104.1

129.3

124.8

134.0

136.0

129.5

132.0

87.9

92.7

102.9

93.6

90.0

95.1

80.9

81.5

93.1

86.0

93.0

86.0

105.1

71.9

91.0

98.3

87.3

91.3

100.6

106.0

108.1

113.7

111.6

117.2

100.2

104.9

107.6

101.5

106.3

106.6

103.3

100.4

109.0

100.6

93.8

103.4

90.2

93.0

103.2

96.6

101.5

97.9

90.6

98.6

105.8

93.1

101.9

99.7

97.4

101.0

109.9

104.0

113.9

119.1

74.4

83.5

96.8

88.8

97.5

96.3

98.3

93.7

105.8

103.8

108.8

103.8

86.4

88.9

104.0

90.4

90.7

92.4

92.6

102.2

105.4

95.8

97.2

100.2

99.3

101.5

115.9

109.0

116.1

116.9

98.0

97.8

107.6

99.1

100.2

104.6

92.2

97.6

111.7

101.7

99.3

103.5

106.1

107.5

115.2

111.2

107.8

111.7

101.6

98.0

110.0

99.4

101.7

94.8

91.3

94.9

108.7

99.2

97.7

100.6

92.9

97.0

103.2

101.8

99.4

:

96.6

100.1

101.0

99.9

102.8

101.0

99.2

95.7

101.1

95.5

97.3

104.2

101.0

101.7

116.8

100.6

100.8

104.0

115.9

100.4

112.2

103.5

100.9

102.4

103.4

99.4

120.2

:

:

:

Notes for users

Revisions and timetable

Compared with data issued in the News Release of 15 July 2024, the monthly percentage change for May 2024 has been revised from -0.6% to -0.9% in the euro area and from -0.8% to -1.2% in the EU. The annual percentage change has been revised from -2.9% to -3.3% in the euro area and from -2.5% to -2.9% in the EU.

Methods and definitions

The index of industrial production measures the evolution of the volume of production for industry excluding construction, based on data adjusted for calendar and seasonal effects.

Seasonally adjusted euro area and EU series are calculated by aggregating the seasonally adjusted national data.

Total industry covers NACE rev.2 sections B to D. Missing observations from Member States for recent months are estimated for the calculation of the euro area and the EU aggregates.

Starting with reference period January 2024, the base year of the data has been changed to 2021, since 2018 the base year had been 2015. More information on the reasons for and impact of the base year change can be found in the related Statistics Explained article.

Geographical information

The euro area (EA20) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The European Union (EU27) includes Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.

For more information

https%3A%2F%2Fec.europa.eu%2Feurostat%2Fproduct%3Fcode%3D4-14082024-bp

Contents
OverviewMonthly comparison by main industrial grouping and by Member StateAnnual comparison by main industrial grouping and by Member StateTablesNotes for usersRevisions and timetableMethods and definitionsGeographical informationFor more information

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