Overview
In February 2024, compared with January 2024, seasonally adjusted industrial production increased by 0.8% in the euro area and by 0.7% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In January 2024, industrial production fell by 3.0% in the euro area and by 2.7% in the EU.
In February 2024, compared with February 2023, industrial production decreased by 6.4% in the euro area and by 5.4% in the EU.
Monthly comparison by main industrial grouping and by Member State
In the euro area in February 2024 compared with January 2024, industrial production
-
increased by 0.5% for intermediate goods,
-
decreased by 3.0% for energy,
-
increased by 1.2% for capital goods,
-
increased by 1.4% for durable consumer goods,
-
decreased by 0.9% for non-durable consumer goods.
In the EU, industrial production
-
increased by 0.9% for intermediate goods,
-
decreased by 3.3% for energy,
-
increased by 1.0% for capital goods,
-
increased by 1.7% for durable consumer goods,
-
decreased by 0.5% for non-durable consumer goods.
The highest monthly increases were recorded in Ireland (+3.8%), Hungary (+3.5%) and Slovenia (+3.3%). The largest decreases were observed in Croatia (-4.6%), Lithuania (-3.0%) and Belgium (-2.7%).
Annual comparison by main industrial grouping and by Member State
In the euro area in February 2024, compared with February 2023, industrial production
-
decreased by 2.7% for intermediate goods,
-
decreased by 3.6% for energy,
-
decreased by 8.9% for capital goods,
-
decreased by 4.3% for durable consumer goods,
-
decreased by 6.1% for non-durable consumer goods.
In the EU, industrial production
-
decreased by 2.5% for intermediate goods,
-
decreased by 3.5% for energy,
-
decreased by 7.5% for capital goods,
-
decreased by 3.9% for durable consumer goods,
-
decreased by 4.7% for non-durable consumer goods.
The largest annual decreases were recorded in Ireland (-36.0%), Belgium (-12.7%) and Bulgaria (-8.4%). The highest increases were observed in Spain (+3.5%), Slovenia (+2.8%) and Denmark (+2.7%).
Tables
|
Industrial production % change compared with previous month* |
||||||
|---|---|---|---|---|---|---|
|
Sep-23 |
Oct-23 |
Nov-23 |
Dec-23 |
Jan-24 |
Feb-24 |
|
|
-0.6 |
-0.5 |
0.3 |
1.6 |
-3.0 |
0.8 |
|
|
-0.1 |
-0.5 |
-0.7 |
-1.3 |
2.3 |
0.5 |
|
|
-1.6 |
1.1 |
2.1 |
0.8 |
0.4 |
-3.0 |
|
|
0.2 |
-0.8 |
0.5 |
11.6 |
-15.5 |
1.2 |
|
|
-2.9 |
0.1 |
-1.7 |
0.4 |
-1.2 |
1.4 |
|
|
-0.7 |
-0.9 |
3.0 |
-1.0 |
-0.2 |
-0.9 |
|
|
|
|
|
|
|
|
|
|
-0.7 |
-0.1 |
0.3 |
1.5 |
-2.7 |
0.7 |
|
|
-0.2 |
-0.4 |
-0.8 |
-0.7 |
1.4 |
0.9 |
|
|
-1.5 |
1.8 |
1.5 |
0.9 |
0.3 |
-3.3 |
|
|
0.3 |
-0.5 |
0.3 |
10.3 |
-13.6 |
1.0 |
|
|
-2.7 |
0.1 |
-1.7 |
0.6 |
-1.0 |
1.7 |
|
|
-0.5 |
-0.4 |
2.9 |
-0.9 |
-0.6 |
-0.5 |
|
|
Industrial production % change compared with previous month* |
||||||
|---|---|---|---|---|---|---|
|
Sep-23 |
Oct-23 |
Nov-23 |
Dec-23 |
Jan-24 |
Feb-24 |
|
|
-0.6 |
-0.5 |
0.3 |
1.6 |
-3.0 |
0.8 |
|
|
-0.7 |
-0.1 |
0.3 |
1.5 |
-2.7 |
0.7 |
|
|
-0.9 |
5.1 |
-4.2 |
5.0 |
-5.1 |
-2.7 |
|
|
-2.1 |
1.9 |
-4.4 |
4.0 |
-4.1 |
0.0 |
|
|
-1.6 |
3.0 |
-1.4 |
2.8 |
-2.8 |
1.9 |
|
|
-0.7 |
4.8 |
3.7 |
0.2 |
-3.2 |
1.0 |
|
|
-1.1 |
0.0 |
0.1 |
-1.8 |
1.0 |
1.1 |
|
|
-3.3 |
0.0 |
2.8 |
5.1 |
-5.4 |
1.0 |
|
|
-2.5 |
-7.0 |
7.3 |
19.9 |
-26.9 |
3.8 |
|
|
-2.1 |
6.1 |
-4.1 |
0.9 |
3.4 |
-2.1 |
|
|
0.9 |
0.5 |
0.5 |
-0.8 |
1.0 |
1.3 |
|
|
-0.3 |
-0.5 |
0.6 |
0.2 |
-0.8 |
0.2 |
|
|
3.6 |
-0.9 |
2.1 |
-4.0 |
0.0 |
-4.6 |
|
|
0.2 |
-0.1 |
-1.3 |
1.1 |
-1.4 |
0.1 |
|
|
1.3 |
-0.8 |
0.4 |
0.5 |
-0.7 |
0.2 |
|
|
2.4 |
-0.4 |
-1.7 |
1.4 |
-2.7 |
2.9 |
|
|
1.1 |
-3.7 |
-0.1 |
-2.6 |
3.9 |
-3.0 |
|
|
-2.7 |
3.0 |
-1.0 |
1.2 |
-2.6 |
-0.9 |
|
|
1.7 |
0.2 |
-2.7 |
0.5 |
-1.1 |
3.5 |
|
|
1.6 |
-2.9 |
2.6 |
5.1 |
-9.1 |
2.1 |
|
|
-1.2 |
-1.0 |
0.1 |
3.5 |
-3.5 |
0.8 |
|
|
0.4 |
-1.4 |
-1.8 |
2.3 |
-1.9 |
0.5 |
|
|
0.5 |
0.7 |
-0.4 |
0.2 |
0.5 |
0.0 |
|
|
-2.9 |
3.2 |
4.3 |
-1.1 |
1.4 |
0.4 |
|
|
1.7 |
-2.3 |
-0.2 |
1.6 |
-3.4 |
2.7 |
|
|
5.6 |
0.1 |
3.6 |
-7.9 |
7.4 |
3.3 |
|
|
-1.7 |
2.2 |
-3.0 |
4.0 |
-2.8 |
0.4 |
|
|
-1.0 |
0.6 |
-0.2 |
-3.1 |
4.1 |
-0.3 |
|
|
-2.2 |
1.8 |
-0.6 |
1.3 |
0.0 |
-0.8 |
|
|
-12.4 |
12.4 |
2.5 |
1.4 |
2.2 |
-4.3 |
|
|
2.2 |
-1.2 |
-4.8 |
5.6 |
: |
: |
|
|
Industrial production % change compared with same month of the previous year* |
||||||
|---|---|---|---|---|---|---|
|
Sep-23 |
Oct-23 |
Nov-23 |
Dec-23 |
Jan-24 |
Feb-24 |
|
|
-6.8 |
-6.2 |
-5.2 |
0.2 |
-6.6 |
-6.4 |
|
|
-4.9 |
-4.3 |
-5.7 |
-3.4 |
-2.9 |
-2.7 |
|
|
-7.5 |
-1.2 |
0.8 |
-1.6 |
0.2 |
-3.6 |
|
|
-6.2 |
-6.4 |
-4.7 |
4.7 |
-11.3 |
-8.9 |
|
|
-5.2 |
-4.0 |
-5.5 |
-3.1 |
-7.2 |
-4.3 |
|
|
-5.8 |
-8.3 |
-7.1 |
-5.3 |
-3.9 |
-6.1 |
|
|
|
|
|
|
|
|
|
|
-6.1 |
-4.9 |
-4.3 |
0.3 |
-5.6 |
-5.4 |
|
|
-5.0 |
-4.5 |
-5.8 |
-3.5 |
-3.4 |
-2.5 |
|
|
-6.9 |
0.0 |
0.7 |
-0.8 |
0.4 |
-3.5 |
|
|
-5.3 |
-5.0 |
-3.8 |
4.5 |
-9.5 |
-7.5 |
|
|
-6.4 |
-5.1 |
-6.2 |
-4.2 |
-7.2 |
-3.9 |
|
|
-3.9 |
-5.8 |
-4.4 |
-3.0 |
-2.1 |
-4.7 |
|
|
Industrial production % change compared with same month of the previous year* |
||||||
|---|---|---|---|---|---|---|
|
Sep-23 |
Oct-23 |
Nov-23 |
Dec-23 |
Jan-24 |
Feb-24 |
|
|
-6.8 |
-6.2 |
-5.2 |
0.2 |
-6.6 |
-6.4 |
|
|
-6.1 |
-4.9 |
-4.3 |
0.3 |
-5.6 |
-5.4 |
|
|
-16.0 |
-9.3 |
-15.0 |
-5.1 |
-6.1 |
-12.7 |
|
|
-10.6 |
-5.2 |
-12.0 |
-5.4 |
-9.2 |
-8.4 |
|
|
-4.8 |
1.1 |
-2.8 |
-0.5 |
-0.4 |
0.7 |
|
|
1.2 |
10.6 |
12.2 |
8.6 |
6.2 |
2.7 |
|
|
-4.8 |
-3.8 |
-4.8 |
-4.3 |
-5.2 |
-6.1 |
|
|
-13.7 |
-12.7 |
-5.9 |
-3.0 |
-7.4 |
-5.6 |
|
|
-26.9 |
-34.1 |
-19.9 |
36.0 |
-32.1 |
-36.0 |
|
|
1.8 |
10.7 |
3.3 |
4.6 |
10.5 |
1.5 |
|
|
-2.7 |
-1.4 |
0.2 |
-2.0 |
0.5 |
3.5 |
|
|
-0.2 |
2.9 |
1.4 |
0.4 |
1.1 |
-0.8 |
|
|
1.6 |
1.0 |
4.7 |
-1.0 |
-1.3 |
-5.7 |
|
|
-1.7 |
-0.7 |
-2.4 |
-1.6 |
-3.7 |
-3.1 |
|
|
4.7 |
3.1 |
1.6 |
2.7 |
1.6 |
1.0 |
|
|
0.0 |
-0.8 |
-6.1 |
-1.2 |
-5.0 |
-0.2 |
|
|
-1.0 |
-3.4 |
-3.5 |
-5.1 |
-0.3 |
-1.2 |
|
|
-10.0 |
-3.7 |
-5.2 |
-1.4 |
-4.3 |
-7.8 |
|
|
-6.1 |
-2.0 |
-5.2 |
-7.4 |
-4.1 |
1.3 |
|
|
2.2 |
0.0 |
4.2 |
7.2 |
-5.5 |
-5.1 |
|
|
-4.4 |
-3.9 |
-3.8 |
-1.3 |
-3.2 |
-2.0 |
|
|
-0.9 |
-2.6 |
-5.7 |
-1.4 |
-4.7 |
-5.2 |
|
|
-0.8 |
1.6 |
-0.9 |
-0.5 |
1.0 |
1.2 |
|
|
-6.0 |
-1.2 |
-0.7 |
-4.5 |
-1.5 |
0.7 |
|
|
0.0 |
-2.0 |
-2.5 |
1.0 |
-4.1 |
-2.0 |
|
|
-7.7 |
-2.2 |
-2.7 |
-11.2 |
-3.5 |
2.8 |
|
|
2.8 |
8.3 |
1.9 |
4.9 |
3.5 |
0.0 |
|
|
-3.5 |
-0.2 |
0.3 |
-7.8 |
-0.8 |
1.3 |
|
|
-4.1 |
0.2 |
3.4 |
2.8 |
-0.9 |
-2.7 |
|
|
-15.1 |
-1.5 |
2.5 |
7.7 |
8.3 |
1.9 |
|
|
1.4 |
0.8 |
-1.2 |
-0.3 |
: |
: |
|
|
Production indices for total industry, calendar and seasonally adjusted (base year 2021) |
||||||
|---|---|---|---|---|---|---|
|
Sep-23 |
Oct-23 |
Nov-23 |
Dec-23 |
Jan-24 |
Feb-24 |
|
|
98.2 |
97.7 |
98.0 |
99.6 |
96.6 |
97.4 |
|
|
99.3 |
99.2 |
99.5 |
101.0 |
98.3 |
99.0 |
|
|
87.5 |
92.0 |
88.1 |
92.5 |
87.8 |
85.4 |
|
|
101.4 |
103.3 |
98.8 |
102.8 |
98.6 |
98.6 |
|
|
98.3 |
101.2 |
99.8 |
102.6 |
99.7 |
101.6 |
|
|
119.2 |
124.9 |
129.5 |
129.7 |
125.6 |
126.8 |
|
|
94.9 |
94.9 |
95.0 |
93.3 |
94.2 |
95.2 |
|
|
85.6 |
85.6 |
88.0 |
92.5 |
87.5 |
88.4 |
|
|
103.6 |
96.3 |
103.3 |
123.9 |
90.6 |
94.0 |
|
|
103.7 |
110.0 |
105.5 |
106.5 |
110.1 |
107.8 |
|
|
100.9 |
101.4 |
101.9 |
101.1 |
102.1 |
103.4 |
|
|
100.8 |
100.3 |
100.9 |
101.1 |
100.3 |
100.5 |
|
|
102.3 |
101.4 |
103.5 |
99.4 |
99.4 |
94.8 |
|
|
97.8 |
97.7 |
96.4 |
97.5 |
96.1 |
96.2 |
|
|
105.9 |
105.1 |
105.5 |
106.0 |
105.3 |
105.5 |
|
|
96.9 |
96.5 |
94.9 |
96.2 |
93.6 |
96.3 |
|
|
105.0 |
101.1 |
101.0 |
98.4 |
102.2 |
99.1 |
|
|
90.3 |
93.0 |
92.1 |
93.2 |
90.8 |
90.0 |
|
|
101.0 |
101.2 |
98.5 |
99.0 |
97.9 |
101.3 |
|
|
108.7 |
105.5 |
108.2 |
113.7 |
103.4 |
105.6 |
|
|
101.0 |
100.0 |
100.1 |
103.6 |
100.0 |
100.8 |
|
|
103.6 |
102.2 |
100.4 |
102.7 |
100.8 |
101.3 |
|
|
109.7 |
110.5 |
110.1 |
110.3 |
110.8 |
110.8 |
|
|
93.2 |
96.2 |
100.3 |
99.2 |
100.6 |
101.0 |
|
|
100.1 |
97.8 |
97.6 |
99.2 |
95.8 |
98.4 |
|
|
93.7 |
93.8 |
97.2 |
89.5 |
96.1 |
99.3 |
|
|
96.4 |
98.5 |
95.5 |
99.3 |
96.5 |
96.9 |
|
|
101.2 |
101.8 |
101.6 |
98.4 |
102.4 |
102.1 |
|
|
100.7 |
102.5 |
101.9 |
103.2 |
103.2 |
102.4 |
|
|
88.9 |
99.9 |
102.4 |
103.8 |
106.1 |
101.5 |
|
|
110.5 |
109.2 |
104.0 |
109.8 |
: |
: |
|
|
Production indices for total industry, calendar adjusted (base year 2021) |
||||||
|---|---|---|---|---|---|---|
|
Sep-23 |
Oct-23 |
Nov-23 |
Dec-23 |
Jan-24 |
Feb-24 |
|
|
104.2 |
103.5 |
105.2 |
95.1 |
94.1 |
94.4 |
|
|
105.0 |
105.0 |
106.4 |
96.8 |
95.6 |
96.0 |
|
|
91.9 |
99.5 |
89.2 |
91.5 |
84.7 |
82.0 |
|
|
101.1 |
107.3 |
102.2 |
105.4 |
93.7 |
93.2 |
|
|
101.6 |
107.5 |
108.6 |
95.1 |
95.7 |
98.1 |
|
|
122.5 |
125.2 |
133.6 |
133.8 |
126.7 |
122.5 |
|
|
99.3 |
97.7 |
101.5 |
89.3 |
88.1 |
92.8 |
|
|
88.3 |
91.4 |
91.4 |
88.8 |
84.0 |
83.7 |
|
|
135.6 |
116.0 |
136.0 |
116.8 |
105.1 |
71.8 |
|
|
106.3 |
109.4 |
103.0 |
106.7 |
100.7 |
105.6 |
|
|
103.8 |
105.2 |
106.4 |
92.3 |
100.3 |
104.7 |
|
|
102.1 |
105.7 |
105.0 |
102.4 |
103.4 |
100.1 |
|
|
105.1 |
108.7 |
107.1 |
95.1 |
90.2 |
92.6 |
|
|
103.7 |
106.2 |
100.5 |
86.1 |
90.6 |
98.8 |
|
|
112.4 |
107.7 |
106.6 |
107.0 |
97.1 |
99.9 |
|
|
102.2 |
103.1 |
100.8 |
102.1 |
72.6 |
82.3 |
|
|
106.8 |
107.0 |
105.6 |
98.7 |
98.3 |
93.5 |
|
|
93.1 |
99.4 |
94.8 |
86.2 |
86.4 |
89.0 |
|
|
109.3 |
105.9 |
103.5 |
89.5 |
92.3 |
101.8 |
|
|
114.3 |
110.9 |
109.2 |
100.6 |
98.6 |
99.8 |
|
|
102.7 |
103.4 |
103.4 |
104.1 |
97.2 |
96.9 |
|
|
107.8 |
106.8 |
106.4 |
102.8 |
91.2 |
97.0 |
|
|
112.9 |
116.5 |
114.5 |
106.6 |
106.1 |
107.5 |
|
|
95.2 |
97.6 |
102.7 |
90.6 |
101.5 |
100.2 |
|
|
102.6 |
102.9 |
102.5 |
94.5 |
91.3 |
94.6 |
|
|
97.2 |
97.6 |
102.1 |
79.9 |
93.0 |
97.1 |
|
|
95.8 |
105.5 |
102.8 |
87.6 |
96.6 |
100.0 |
|
|
104.1 |
105.9 |
104.0 |
107.1 |
99.4 |
95.5 |
|
|
102.8 |
110.1 |
108.9 |
105.9 |
101.7 |
101.7 |
|
|
82.3 |
104.4 |
107.1 |
109.9 |
115.9 |
100.5 |
|
|
116.7 |
115.6 |
107.6 |
108.2 |
: |
: |
|
Notes for users
Revisions and timetable
Compared with data issued in the News Release of 13 March 2024, the monthly percentage change for January 2024 has been revised from -3.2% to -3.0% in the euro area and from -2.1% to -2.7% in the EU. The annual percentage change has been revised from -6.7% to -6.6% in the euro area and from -5.7% to -5.6% 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
(see file Base year 2021 weights – Euro indicators releases)
https%3A%2F%2Fec.europa.eu%2Feurostat%2Fproduct%3Fcode%3D4-15042024-ap
