Industrial production fell 0.1% in the euro area, increased 0.5% in the EU

overview

In April 2024, compared to March 2024, seasonally adjusted industrial production decreased by 0.1%. Eurozone Increased by 0.5% european unionaccording to the first estimate Eurostat, the statistical office of the European UnionIn March 2024, industrial production increased by 0.5%. Eurozone And stable european union.

In April 2024, industrial production decreased by 3.0% compared to April 2023. Eurozone And 2.0% european union.

Monthly comparison by major industry groups and member states

So Eurozone Industrial production in April 2024 compared to March 2024

Intermediate goods decreased by 0.4%;
Energy increased by 0.4%,
Capital goods increased by 0.7%;
Durable consumer goods increased by 0.3 percent.
Non-durable consumer goods increased 3.4%.

So european union, Industrial Production

Intermediate goods decreased by 0.2%;
Energy increased by 0.3%,
Capital goods increased by 0.5%.
Durable consumer goods increased by 1.0%.
Non-durable consumer goods increased 3.9%.

The highest monthly increase was Denmark (+10.4%), Greece (+7.0%) and Poland (+6.7%). The largest decrease was observed in Luxembourg (-6.7%), Latvia (-4.9%) Ireland (-3.4%).

Annual comparison by major industry groups and member states

So Eurozone Industrial production in April 2024 compared to April 2023

Intermediate goods decreased by 2.0%;
Energy decreased by 1.1%;
Capital goods fell 5.3%;
Durable consumer goods fell 3.1%.
Non-durable consumer goods increased 0.7%.

So european union, Industrial Production

Intermediate goods fell by 1.8%;
Energy decreased by 0.9%;
Capital goods fell 4.9%;
Durable consumer goods fell 2.1%.
Non-durable consumer goods increased 2.9%.

The largest annual decline was recorded Ireland (-15.7%), Latvia (-7.8%) Finland (-6.8%). The largest increase was seen in Denmark (+17.4%), Greece (+10.8%) and Slovenia (+7.4%).

table

Industrial Production Percentage change compared to last month*
	November 23	December 23	January 24th	February 24th	March 24th	April 24th

0.4	1.4	-2.2	0.1	0.5	-0.1
-0.7	-1.4	2.2	0.3	-0.2	-0.4
2.2	0.3	1.2	-3.2	-0.1	0.4
0.7	11.4	-15.5	2.0	0.9	0.7
-1.6	0.1	-1.3	1.2	-0.6	0.3
2.7	-0.6	-0.4	-0.4	-2.7	3.4

0.4	1.2	-1.9	0.2	0.0	0.5
-0.7	-0.8	1.4	0.7	-0.3	-0.2
1.6	0.4	1.0	-3.4	0.3	0.3
0.4	10.2	-13.8	1.7	0.6	0.5
-1.5	0.2	-1.1	1.4	-0.6	1.0
2.5	-0.5	-0.5	0.0	-2.7	3.9

Industrial Production Percentage change compared to last month*
	November 23	December 23	January 24th	February 24th	March 24th	April 24th
0.4	1.4	-2.2	0.1	0.5	-0.1
0.4	1.2	-1.9	0.2	0.0	0.5
-4.1	5.2	-3.5	0.2	3.6	0.4
-4.4	4.0	-4.1	0.2	-0.4	3.3
-1.3	3.1	-3.1	2.1	-1.6	0.6
3.9	-0.5	-0.9	1.4	-3.5	10.4
0.3	-2.1	1.0	0.7	-0.3	0.3
3.3	5.1	-8.3	2.3	1.2	-1.5
8.2	18.8	-19.7	-5.1	10.5	-3.4
-4.2	0.9	3.5	-1.8	-1.6	7.0
0.5	-0.9	1.1	1.3	-1.1	0.0
0.6	0.3	-1.1	0.3	-0.2	0.6
2.0	-4.2	-0.3	-2.5	0.5	0.0
-1.4	1.2	-1.5	0.0	-0.5	-1.0
0.4	0.6	-0.6	0.4	2.3	-1.7
-1.8	1.1	-1.5	2.1	-0.7	-4.9
-0.1	-2.6	3.9	-2.8	4.0	4.1
-1.2	1.2	-2.4	-1.0	4.6	-6.7
-2.8	0.5	-0.8	3.3	-3.1	-0.6
2.7	5.2	-9.1	1.8	2.7	0.9
0.1	3.3	-2.6	1.0	-0.9	0.5
-1.6	2.2	-1.9	0.0	0.6	2.2
-0.4	0.2	0.5	0.0	-5.1	6.7
3.4	-1.9	3.0	0.6	2.8	-2.4
-0.2	1.6	-3.4	3.3	4.0	-1.3
4.3	-8.4	8.1	3.2	-6.5	5.9
-2.9	4.1	-2.8	0.5	-1.3	3.3
-0.4	-3.2	3.6	-0.2	-4.8	0.1
-0.6	1.2	-0.7	-0.7	0.6	-2.5
2.3	1.3	1.8	-4.2	3.5	-0.5
-2.2	2.5	-1.8	-0.8	2.3	:

Industrial Production Year-over-year change*
	November 23	December 23	January 24th	February 24th	March 24th	April 24th

-5.3	0.2	-6.5	-6.4	-1.2	-3.0
-5.8	-3.6	-3.1	-2.8	-2.8	-2.0
0.8	-1.9	0.6	-3.4	-2.1	-1.1
-4.7	4.6	-11.0	-9.2	1.6	-5.3
-5.2	-3.0	-7.6	-4.2	-7.7	-3.1
-7.0	-5.2	-3.7	-5.0	-7.0	0.7

-4.3	0.3	-5.4	-5.3	-1.1	-2.0
-6.0	-3.7	-3.7	-2.7	-2.5	-1.8
0.7	-1.0	0.9	-3.3	-1.6	-0.9
-3.8	4.2	-9.3	-7.9	1.2	-4.9
-6.0	-4.2	-7.6	-4.1	-6.8	-2.1
-4.3	-2.9	-1.6	-3.5	-4.9	2.9

Industrial Production Year-over-year change*
	November 23	December 23	January 24th	February 24th	March 24th	April 24th
-5.3	0.2	-6.5	-6.4	-1.2	-3.0
-4.3	0.3	-5.4	-5.3	-1.1	-2.0
-15.0	-5.1	-4.1	-7.8	-6.0	3.0
-12.0	-5.4	-9.2	-8.0	-7.7	-0.3
-2.8	-0.3	-0.3	0.7	-2.9	-0.4
12.2	8.6	8.4	4.6	3.5	17.4
-4.9	-4.5	-5.1	-6.4	-5.0	-3.7
-6.2	-3.4	-10.2	-5.3	-5.6	-4.8
-19.9	36.0	-32.1	-35.9	38.5	-15.7
3.3	4.6	10.4	1.8	-0.6	10.8
0.2	-2.0	0.4	3.7	0.1	1.1
1.4	0.5	0.9	-0.7	0.4	1.0
4.8	-1.0	-1.4	-5.2	-5.0	-2.0
-2.4	-1.5	-3.7	-3.4	-3.2	-2.9
1.6	2.6	1.9	1.6	8.0	2.8
-6.1	-1.3	-2.6	1.1	0.5	-7.8
-3.5	-5.1	-0.3	-1.0	2.3	2.4
-5.5	-1.6	-4.2	-7.8	-0.9	-5.9
-5.2	-7.5	-3.5	1.7	-3.1	-2.3
4.4	7.4	-5.3	-5.5	-1.7	2.1
-3.8	-1.3	-2.5	-1.1	-3.8	-2.0
-5.7	-1.4	-4.8	-6.0	-4.5	-1.4
-0.9	-0.5	1.0	1.2	-3.1	4.7
-1.6	-5.2	-1.7	1.0	4.0	4.5
-2.5	1.0	-4.1	-1.7	3.7	3.8
-2.7	-11.0	-3.5	2.6	-7.6	7.4
2.0	4.8	3.6	0.1	-6.9	6.4
0.3	-7.6	-0.9	1.6	-9.1	-6.8
3.3	2.7	-1.9	-3.1	2.3	-3.6
2.5	7.7	8.3	1.7	4.6	3.5
-0.9	-0.9	-2.1	-2.0	-3.8	:

Index of Total Industrial Production, Calendar Year and Seasonally Adjusted (Base year: 2021)
	November 23	December 23	January 24th	February 24th	March 24th	April 24th
98.0	99.4	97.2	97.3	97.8	97.7
99.5	100.7	98.8	99.0	99.0	99.5
88.5	93.1	89.8	90.0	93.2	93.6
98.8	102.8	98.6	98.8	98.4	101.6
99.7	102.8	99.6	101.7	100.1	100.7
129.8	129.1	127.9	129.7	125.1	138.1
95.3	93.3	94.2	94.9	94.6	94.9
87.5	92.0	84.4	86.3	87.3	86.0
102.5	121.8	97.8	92.8	102.5	99.0
105.4	106.4	110.1	108.1	106.4	113.9
101.8	100.9	102.0	103.3	102.2	102.2
100.9	101.2	100.1	100.4	100.2	100.8
103.2	98.9	98.6	96.1	96.6	96.6
96.2	97.4	95.9	95.9	95.4	94.4
105.8	106.4	105.8	106.2	108.6	106.8
94.9	95.9	94.5	96.5	95.8	91.1
101.0	98.4	102.2	99.3	103.3	107.5
91.9	93.0	90.8	89.9	94.0	87.7
98.3	98.8	98.0	101.2	98.1	97.5
108.5	114.1	103.7	105.6	108.5	109.5
99.9	103.2	100.5	101.5	100.6	101.1
100.5	102.7	100.8	100.8	101.4	103.6
110.1	110.3	110.8	110.8	105.2	112.3
99.0	97.1	100.0	100.6	103.4	100.9
97.6	99.2	95.8	99.0	103.0	101.7
97.4	89.2	96.4	99.5	93.0	98.5
95.5	99.4	96.6	97.1	95.8	99.0
101.0	97.8	101.3	101.1	96.2	96.3
101.9	103.1	102.4	101.7	102.3	99.7
102.1	103.4	105.3	100.9	104.4	103.9
105.8	108.4	106.4	105.6	108.0	:

Calendar year adjusted total industry production index (Base year: 2021)
	November 23	December 23	January 24th	February 24th	March 24th	April 24th
105.3	95.1	94.2	94.5	104.3	96.6
106.5	96.8	95.7	96.2	106.0	98.3
89.2	91.5	86.5	86.6	101.5	89.8
102.2	105.4	93.7	93.6	101.5	98.5
108.6	95.3	95.8	98.1	107.9	100.0
133.6	133.8	129.3	124.8	133.3	134.7
101.8	89.3	88.0	92.8	103.0	93.6
91.1	88.4	80.9	81.5	93.1	86.0
136.0	116.8	105.1	71.9	91.0	98.5
103.0	106.7	100.6	105.9	108.2	112.6
106.4	92.3	100.2	104.9	108.0	102.5
105.0	102.5	103.2	100.2	108.7	100.2
107.2	95.1	90.2	93.0	103.2	96.6
100.5	86.1	90.6	98.6	105.8	93.2
106.6	107.0	97.4	100.4	109.4	103.6
100.8	102.1	74.5	83.5	96.8	88.9
105.6	98.7	98.3	93.7	105.8	103.9
94.5	86.0	86.5	89.0	103.9	89.7
103.5	89.4	92.8	102.2	105.5	95.6
109.4	100.7	98.8	99.4	113.1	107.3
103.4	104.1	98.0	97.8	107.6	99.3
106.4	102.8	91.1	96.2	110.4	102.8
114.5	106.6	106.1	107.5	115.2	111.2
103.0	89.0	101.6	98.0	109.8	98.9
102.5	94.5	91.3	94.9	108.7	99.3
102.1	80.1	93.0	97.0	102.9	96.9
102.8	87.5	96.7	100.1	100.9	100.0
104.0	107.4	99.3	95.8	101.1	95.1
108.9	105.8	100.6	101.3	116.3	100.5
107.1	109.9	115.9	100.4	112.2	103.5
107.9	107.6	103.4	99.4	120.2	:

Important Notice for Users

Revision and Schedule

Compared to the data published in the news release of 15 May 2024, the monthly percentage changes for March 2024 have been revised from +0.6% to +0.5% in the Euro Area and from +0.2% to 0.0% in the EU. The annual percentage changes have been revised from -1.0% to -1.2% in the Euro Area and from -1.0% to -1.1% in the EU.

Methods and definitions

of Industrial Production Index It measures changes in industrial production, excluding construction, based on data adjusted for calendar year and seasonal effects.

Seasonally adjusted The Euro Area and EU series are calculated by aggregating seasonally adjusted national data.

The industry as a whole covers NACE rev.2 sections B to D. For the calculation of the Eurozone and EU aggregates, missing observations from member states for recent months are estimated.

The base year for the data has changed to 2021, with a base period ending in January 2024. Since 2018, the base year has been 2015. For more information on the reasons and impact of the change in base year, please see the related materials. Statistics commentary.

Geography

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

of european union The (EU27) includes Belgium, Bulgaria, Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.

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