Industrial production down by 0.1% in the euro area and unchanged in the EU

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.

Industrial production

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
Euro area
Total industry	-2.2	0.0	0.5	-0.1	-0.9	-0.1
Intermediate goods	2.1	0.4	-0.2	-0.3	-0.9	0.7
Energy	1.2	-3.1	-0.1	-0.2	0.4	1.9
Capital goods	-13.5	1.3	0.6	0.0	-2.6	0.9
Durable consumer goods	-1.1	1.1	-0.6	0.2	-2.9	3.8
Non-durable consumer goods	-0.6	-0.3	-2.9	3.7	1.7	-2.5
EU
Total industry	-2.0	0.2	0.0	0.5	-1.2	0.0
Intermediate goods	1.3	0.8	-0.3	-0.2	-1.0	0.7
Energy	1.0	-3.3	0.3	-0.1	0.2	1.4
Capital goods	-12.0	1.1	0.4	-0.2	-2.5	0.9
Durable consumer goods	-1.0	1.4	-0.6	0.8	-3.0	3.2
Non-durable consumer goods	-0.6	0.0	-2.7	4.2	0.8	-2.0
* Calendar and seasonally adjusted Source dataset: sts_inpr_m

Industrial production % change compared with previous month*
	Jan-24	Feb-24	Mar-24	Apr-24	May-24	Jun-24
Euro area	-2.2	0.0	0.5	-0.1	-0.9	-0.1
EU	-2.0	0.2	0.0	0.5	-1.2	0.0
Belgium	-3.4	0.1	3.6	0.1	2.0	-6.5
Bulgaria	-4.1	0.2	-0.4	2.8	-2.5	-0.2
Czechia	-3.1	2.1	-1.7	0.6	-2.2	0.7
Denmark	-1.0	1.3	-2.6	11.2	-6.7	-0.1
Germany	0.9	0.9	-0.4	0.4	-3.1	1.6
Estonia	-8.3	2.3	1.2	-1.6	3.6	-3.6
Ireland**	-20.2	-5.0	10.5	-3.3	5.4	-7.8
Greece	3.4	-1.7	-1.6	7.3	-2.9	1.6
Spain	0.9	1.3	-1.4	-0.1	-0.1	0.4
France	-1.3	0.4	-0.2	0.6	-2.1	0.7
Croatia	-0.3	-2.5	0.5	0.0	2.5	-3.7
Italy	-1.4	-0.1	-0.4	-1.0	0.5	0.5
Cyprus	-0.4	0.8	2.4	-1.6	1.9	1.7
Latvia	-1.5	2.1	-0.7	-5.0	3.3	-2.4
Lithuania	3.9	-2.8	4.0	3.9	-1.1	-2.2
Luxembourg	-2.5	-1.1	4.9	-6.0	2.9	-0.2
Hungary	-1.2	3.3	-3.2	-0.6	-1.2	0.5
Malta	-9.1	3.0	3.2	0.4	1.4	-0.6
Netherlands	-2.6	1.0	-0.9	0.3	-0.3	0.9
Austria	-1.3	-0.4	0.0	0.6	-1.9	0.0
Poland	0.5	0.0	-5.1	6.7	-2.6	1.2
Portugal	3.0	0.6	2.9	-2.1	-3.2	-3.7
Romania	-3.4	3.3	4.0	-1.8	-6.2	4.0
Slovenia	8.8	3.2	-6.3	10.0	-7.3	:
Slovakia	-2.4	1.2	-1.4	2.6	-1.4	2.1
Finland	3.7	-0.1	-4.7	0.5	0.9	3.6
Sweden	-0.4	-0.7	0.3	-2.5	1.3	-1.1
Norway	1.9	-3.8	3.4	-0.2	0.6	7.9
Switzerland	-1.8	-0.8	2.3	:	:	:
* Calendar and seasonally adjusted ** CSO Ireland is carrying out a review of the seasonal adjustment methodology for industrial production. : Data not available Source dataset: sts_inpr_m

Industrial production % change compared with same month of the previous year*
	Jan-24	Feb-24	Mar-24	Apr-24	May-24	Jun-24
Euro area
Total industry	-6.5	-6.3	-1.2	-3.1	-3.3	-3.9
Intermediate goods	-3.1	-2.8	-2.7	-2.1	-3.3	-1.5
Energy	0.8	-3.3	-2.0	-1.9	0.4	2.6
Capital goods	-10.9	-9.1	1.7	-5.1	-7.3	-7.8
Durable consumer goods	-7.4	-3.9	-7.4	-2.9	-5.0	-2.1
Non-durable consumer goods	-4.0	-5.1	-7.4	0.3	2.4	0.1
EU
Total industry	-5.4	-5.2	-1.1	-2.1	-2.9	-3.2
Intermediate goods	-3.7	-2.5	-2.4	-1.8	-3.1	-1.2
Energy	1.0	-3.2	-1.6	-1.3	1.0	2.6
Capital goods	-9.2	-7.8	1.3	-4.7	-7.0	-7.1
Durable consumer goods	-7.3	-3.9	-6.7	-2.1	-4.9	-2.0
Non-durable consumer goods	-1.8	-3.6	-5.1	2.6	3.0	0.9
* Calendar adjusted Source dataset: sts_inpr_m

Industrial production % change compared with same month of the previous year*
	Jan-24	Feb-24	Mar-24	Apr-24	May-24	Jun-24
Euro area	-6.5	-6.3	-1.2	-3.1	-3.3	-3.9
EU	-5.4	-5.2	-1.1	-2.1	-2.9	-3.2
Belgium	-4.1	-7.8	-5.9	2.8	2.2	-2.2
Bulgaria	-9.2	-8.0	-7.7	-0.3	-4.9	-5.2
Czechia	-0.3	0.7	-2.8	-0.4	-3.2	-3.3
Denmark	8.4	4.6	4.0	18.6	7.7	2.4
Germany	-5.2	-6.5	-5.1	-3.7	-7.3	-4.1
Estonia	-10.2	-5.3	-5.6	-4.8	-1.6	-2.9
Ireland	-32.1	-35.9	38.5	-15.9	6.5	-17.4
Greece	10.4	1.9	-0.6	11.9	6.9	9.5
Spain	0.4	3.7	-0.3	0.1	0.0	0.8
France	0.8	-0.6	0.6	1.3	-3.1	-1.7
Croatia	-1.4	-5.2	-5.0	-2.0	-3.3	-8.3
Italy	-3.7	-3.4	-3.3	-3.0	-3.3	-2.6
Cyprus	1.9	2.2	8.4	3.2	5.1	8.8
Latvia	-2.7	1.1	0.5	-7.9	-0.5	-5.5
Lithuania	-0.3	-1.0	2.3	2.3	5.0	0.2
Luxembourg	-4.3	-7.9	-0.8	-5.1	-1.4	-1.3
Hungary	-3.2	1.8	-2.9	-2.2	-4.9	-3.7
Malta	-4.8	-3.5	0.8	3.7	2.1	6.3
Netherlands	-2.5	-1.1	-3.8	-2.2	-1.8	-3.3
Austria	-3.7	-5.1	-3.9	-3.1	-5.2	-4.4
Poland	1.0	1.2	-3.1	4.7	-0.4	1.1
Portugal	-1.7	1.0	4.2	5.1	0.8	-3.0
Romania	-4.1	-1.7	3.7	3.7	-7.0	0.5
Slovenia	-3.6	2.6	-7.4	12.9	-5.0	:
Slovakia	3.5	0.1	-6.7	6.2	0.0	-2.4
Finland	-1.0	1.5	-9.1	-6.3	-5.8	3.1
Sweden	-1.6	-2.7	2.7	-3.5	-0.8	3.8
Norway	8.3	1.8	4.6	3.5	5.9	14.9
Switzerland	-2.1	-2.0	-3.8	:	:	:
* Calendar adjusted : Data not available Source dataset: sts_inpr_m

Production indices for total industry, calendar and seasonally adjusted (base year 2021)
	Jan-24	Feb-24	Mar-24	Apr-24	May-24	Jun-24
Euro area	97.3	97.3	97.8	97.7	96.8	96.7
EU	98.8	99.0	99.0	99.5	98.3	98.3
Belgium	89.8	89.9	93.1	93.2	95.1	88.9
Bulgaria	98.6	98.8	98.4	101.2	98.7	98.5
Czechia	99.6	101.7	100.0	100.6	98.4	99.1
Denmark	127.5	129.2	125.8	139.9	130.5	130.4
Germany	94.1	94.9	94.5	94.9	92.0	93.5
Estonia	84.4	86.3	87.3	85.9	89.0	85.8
Ireland*	97.8	92.9	102.7	99.3	104.7	96.5
Greece	110.1	108.2	106.5	114.3	111.0	112.8
Spain	101.7	103.0	101.6	101.5	101.4	101.8
France	100.1	100.5	100.3	100.9	98.8	99.5
Croatia	98.6	96.1	96.6	96.6	99.0	95.3
Italy	96.0	95.9	95.5	94.5	95.0	95.5
Cyprus	106.3	107.1	109.7	107.9	109.9	111.8
Latvia	94.6	96.6	95.9	91.1	94.1	91.8
Lithuania	102.2	99.3	103.3	107.3	106.1	103.8
Luxembourg	90.7	89.7	94.1	88.5	91.1	90.9
Hungary	97.9	101.1	97.9	97.3	96.1	96.6
Malta	104.5	107.6	111.0	111.4	113.0	112.3
Netherlands	100.5	101.5	100.6	100.9	100.6	101.5
Austria	102.1	101.7	101.7	102.3	100.4	100.4
Poland	110.8	110.8	105.2	112.3	109.4	110.7
Portugal	100.0	100.6	103.5	101.3	98.1	94.5
Romania	95.8	99.0	103.0	101.1	94.8	98.6
Slovenia	96.8	99.9	93.6	103.0	95.5	:
Slovakia	96.8	98.0	96.6	99.1	97.7	99.8
Finland	101.6	101.5	96.7	97.2	98.1	101.6
Sweden	102.7	102.0	102.3	99.7	101.0	99.9
Norway	105.4	101.4	104.8	104.6	105.2	113.5
Switzerland	106.4	105.6	108.0	:	:	:
* CSO Ireland is carrying out a review of the seasonal adjustment methodology for industrial production. : Data not available Source dataset: sts_inpr_m

Production indices for total industry, calendar adjusted (base year 2021)
	Jan-24	Feb-24	Mar-24	Apr-24	May-24	Jun-24
Euro area	94.2	94.6	104.4	96.5	95.5	99.0
EU	95.7	96.3	106.1	98.3	97.1	100.6
Belgium	86.5	86.6	101.6	89.6	94.7	93.8
Bulgaria	93.7	93.6	101.5	98.5	94.6	100.7
Czechia	95.8	98.1	108.0	100.0	99.8	104.1
Denmark	129.3	124.8	134.0	136.0	129.5	132.0
Germany	87.9	92.7	102.9	93.6	90.0	95.1
Estonia	80.9	81.5	93.1	86.0	93.0	86.0
Ireland	105.1	71.9	91.0	98.3	87.3	91.3
Greece	100.6	106.0	108.1	113.7	111.6	117.2
Spain	100.2	104.9	107.6	101.5	106.3	106.6
France	103.3	100.4	109.0	100.6	93.8	103.4
Croatia	90.2	93.0	103.2	96.6	101.5	97.9
Italy	90.6	98.6	105.8	93.1	101.9	99.7
Cyprus	97.4	101.0	109.9	104.0	113.9	119.1
Latvia	74.4	83.5	96.8	88.8	97.5	96.3
Lithuania	98.3	93.7	105.8	103.8	108.8	103.8
Luxembourg	86.4	88.9	104.0	90.4	90.7	92.4
Hungary	92.6	102.2	105.4	95.8	97.2	100.2
Malta	99.3	101.5	115.9	109.0	116.1	116.9
Netherlands	98.0	97.8	107.6	99.1	100.2	104.6
Austria	92.2	97.6	111.7	101.7	99.3	103.5
Poland	106.1	107.5	115.2	111.2	107.8	111.7
Portugal	101.6	98.0	110.0	99.4	101.7	94.8
Romania	91.3	94.9	108.7	99.2	97.7	100.6
Slovenia	92.9	97.0	103.2	101.8	99.4	:
Slovakia	96.6	100.1	101.0	99.9	102.8	101.0
Finland	99.2	95.7	101.1	95.5	97.3	104.2
Sweden	101.0	101.7	116.8	100.6	100.8	104.0
Norway	115.9	100.4	112.2	103.5	100.9	102.4
Switzerland	103.4	99.4	120.2	:	:	:
: Data not available Source dataset: sts_inpr_m

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.