Industrial production up by 0.2% in the euro area and by 0.1% in the EU

Overview

In November 2024, compared with October 2024, seasonally adjusted industrial production increased by 0.2% in the euro area and by 0.1% the EU, according to first estimates from Eurostat, the statistical office of the European Union. In October 2024, industrial production grew by 0.2% in the euro area and by 0.4% in the EU.

In November 2024, compared with November 2023, industrial production decreased by 1.9% the euro area and by 1.7% in the EU.

Industrial production

Monthly comparison by main industrial grouping and by Member State

In the euro area in November 2024, compared with October 2024, industrial production

increased by 0.5% for intermediate goods,
increased by 1.1% for energy,
increased by 0.5% for capital goods,
increased by 1.5% for durable consumer goods,
increased by 0.1% for non-durable consumer goods.

In the EU, industrial production

increased by 0.4% for intermediate goods,
increased by 1.3% for energy,
increased by 0.1% for capital goods,
increased by 1.1% for durable consumer goods,
decreased by 0.1% for non-durable consumer goods.

The highest monthly increases were recorded in Belgium (+8.7%), Malta (+7.1%) and Lithuania (+4.3%). The largest decreases were observed in Ireland (-5.8%), Luxembourg (-3.9%) and Portugal (-3.4%).

Annual comparison by main industrial grouping and by Member State

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

decreased by 2.5% for intermediate goods,
decreased by 1.3% for energy,
decreased by 2.8% for capital goods,
decreased by 1.0% for durable consumer goods,
remained stable for non-durable consumer goods.

In the EU, industrial production

decreased by 1.9% for intermediate goods,
decreased by 0.8% for energy,
decreased by 2.6% for capital goods,
remained stable for durable consumer goods,
increased by 0.1% for non-durable consumer goods.

The largest annual decreases were recorded in Croatia (-6.6%), Ireland (-5.6%) and Austria (-5.0%). The highest increases were observed in Malta (+13.5%), Belgium (+8.7%) and Greece (+4.8%).

Industrial production in November 2024

Tables

Industrial production % change compared with previous month*
	2024
	Jun	Jul	Aug	Sep	Oct	Nov
Euro area
Total industry	0.5	-0.4	1.2	-1.6	0.2	0.2
Intermediate goods	0.2	-0.4	0.1	-1.5	0.3	0.5
Energy	1.7	0.1	0.2	-1.0	-1.3	1.1
Capital goods	0.4	-1.2	2.9	-3.7	1.7	0.5
Durable consumer goods	3.9	-3.2	1.8	-0.4	-1.6	1.5
Non-durable consumer goods	-2.0	2.0	-0.3	2.2	-2.4	0.1
EU
Total industry	0.6	-0.3	1.0	-1.5	0.4	0.1
Intermediate goods	0.4	-0.7	0.2	-1.2	0.5	0.4
Energy	1.3	0.0	0.3	-1.3	-0.8	1.3
Capital goods	0.5	-1.3	2.9	-3.1	1.6	0.1
Durable consumer goods	3.3	-2.6	1.4	-0.5	-0.5	1.1
Non-durable consumer goods	-1.4	2.6	-1.0	1.0	-1.3	-0.1
* Calendar and seasonally adjusted Source dataset: sts_inpr_m

Industrial production % change compared with previous month*
	2024
	Jun	Jul	Aug	Sep	Oct	Nov
Euro area	0.5	-0.4	1.2	-1.6	0.2	0.2
EU	0.6	-0.3	1.0	-1.5	0.4	0.1
Belgium	-6.8	6.4	0.0	0.3	-4.9	8.7
Bulgaria	0.1	0.6	0.9	1.3	-0.9	0.0
Czechia	0.9	-0.8	1.8	-0.5	-0.6	-1.6
Denmark	0.6	7.9	-5.4	-5.1	5.5	-3.3
Germany	2.0	-3.2	3.2	-2.5	-0.4	1.3
Estonia	-3.5	-4.7	1.7	1.0	1.4	2.8
Ireland	-1.6	6.8	0.4	-6.3	5.0	-5.8
Greece	1.7	2.0	-4.3	-2.7	0.8	2.7
Spain	0.4	-0.6	-0.4	1.0	0.9	-1.5
France	0.9	0.2	1.0	-0.8	-0.3	0.2
Croatia	-2.4	6.2	-4.6	5.8	-3.9	-2.4
Italy	0.5	-0.9	0.0	-0.3	0.1	0.3
Cyprus	1.4	-1.8	-0.6	0.2	0.9	-2.6
Latvia	-2.3	1.2	1.3	-1.3	0.5	-0.3
Lithuania	-1.9	1.3	3.0	0.3	-6.5	4.3
Luxembourg	-1.7	0.3	-6.1	6.1	0.4	-3.9
Hungary	0.6	0.0	-0.4	-0.7	2.0	-1.6
Malta	1.0	-4.4	2.0	4.2	-1.0	7.1
Netherlands	0.4	-0.9	1.8	-2.4	0.4	1.5
Austria	0.9	0.5	-0.5	-1.0	-1.4	-0.4
Poland	1.2	-0.4	-0.8	-0.5	3.5	-1.4
Portugal	-3.7	-0.4	-0.3	3.0	3.4	-3.4
Romania	3.8	-3.2	1.3	0.0	0.4	-0.6
Slovenia	4.2	-2.8	-0.1	1.7	2.5	-1.4
Slovakia	2.1	-2.9	1.5	1.3	0.8	-1.3
Finland	3.8	1.6	-0.9	-1.5	0.4	1.4
Sweden	-1.2	0.9	1.5	0.9	-1.3	1.7
Norway	7.2	-5.0	-1.6	-11.2	9.8	0.1
Switzerland	-0.6	4.0	-6.3	0.5	:	:
* Calendar and seasonally adjusted : Data not available Source dataset: sts_inpr_m

Industrial production % change compared with same month of the previous year*
	2024
	Jun	Jul	Aug	Sep	Oct	Nov
Euro area
Total industry	-3.9	-2.2	-0.4	-2.1	-1.1	-1.9
Intermediate goods	-5.7	-4.4	-2.7	-4.2	-3.3	-2.5
Energy	1.7	0.9	2.2	2.1	-0.5	-1.3
Capital goods	-6.6	-3.6	-0.4	-5.8	-1.8	-2.8
Durable consumer goods	-2.6	-4.8	-5.4	-3.1	-4.2	-1.0
Non-durable consumer goods	1.0	2.4	1.7	5.6	3.7	0.0
EU
Total industry	-3.3	-1.6	-0.1	-1.7	-0.6	-1.7
Intermediate goods	-4.8	-4.1	-2.4	-3.6	-2.9	-1.9
Energy	2.2	1.1	2.2	1.5	-1.0	-0.8
Capital goods	-6.2	-4.0	-0.4	-5.1	-1.7	-2.6
Durable consumer goods	-2.2	-4.2	-4.5	-2.7	-2.6	0.0
Non-durable consumer goods	1.6	4.3	2.9	5.1	4.0	0.1
* Calendar adjusted Source dataset: sts_inpr_m

Industrial production % change compared with same month of the previous year*
	2024
	Jun	Jul	Aug	Sep	Oct	Nov
Euro area	-3.9	-2.2	-0.4	-2.1	-1.1	-1.9
EU	-3.3	-1.6	-0.1	-1.7	-0.6	-1.7
Belgium	-5.4	0.1	4.2	5.5	-6.0	8.7
Bulgaria	-4.9	-2.6	-3.0	1.2	-1.5	2.8
Czechia	-3.3	-2.1	1.7	1.7	-2.1	-2.7
Denmark	3.2	20.9	12.9	6.2	9.0	-1.0
Germany	-4.0	-5.9	-2.8	-4.3	-4.5	-3.3
Estonia	-3.2	-5.8	-6.0	-1.6	0.0	-0.1
Ireland	-16.7	7.3	11.2	-0.6	15.1	-5.6
Greece	9.8	10.5	3.8	2.5	-2.7	4.8
Spain	0.4	-0.9	-1.5	0.7	3.1	-0.8
France	-1.3	-1.2	0.8	-0.8	-1.0	-1.1
Croatia	-8.2	1.6	-2.1	1.0	-2.0	-6.6
Italy	-2.6	-3.3	-3.2	-3.9	-3.5	-1.5
Cyprus	6.8	2.3	1.4	0.4	2.8	-3.0
Latvia	-5.5	1.7	0.6	-2.0	-1.9	-3.0
Lithuania	0.6	5.4	5.0	4.6	0.3	4.1
Luxembourg	-1.9	-1.5	-10.0	0.4	-0.7	-3.9
Hungary	-3.7	-6.6	-4.2	-5.4	-3.1	-2.9
Malta	7.3	-0.4	2.1	5.7	6.2	13.5
Netherlands	-3.5	-3.1	0.8	-1.9	-0.4	1.5
Austria	-3.6	-2.0	-2.8	-3.5	-4.6	-5.0
Poland	1.1	1.3	-0.5	-1.3	3.0	0.9
Portugal	-2.9	-3.0	-1.9	2.5	3.9	-2.2
Romania	0.4	-4.0	-2.0	-3.8	-1.0	-1.5
Slovenia	-1.2	-1.6	6.1	-0.3	3.6	-0.7
Slovakia	-4.2	5.4	1.0	2.5	1.3	0.1
Finland	2.9	5.9	2.6	0.5	0.7	3.1
Sweden	1.4	-2.4	-1.0	1.9	-1.8	0.8
Norway	14.9	10.0	5.9	-0.5	2.1	0.4
Switzerland	6.0	10.8	-0.4	-0.8	:	:
* Calendar adjusted : Data not available Source dataset: sts_inpr_m

Production indices for total industry, calendar and seasonally adjusted (base year 2021)
	2024
	Jun	Jul	Aug	Sep	Oct	Nov
Euro area	97.0	96.6	97.8	96.2	96.4	96.6
EU	98.6	98.3	99.3	97.8	98.2	98.3
Belgium	86.5	92.0	92.0	92.3	87.8	95.4
Bulgaria	99.2	99.8	100.7	102.0	101.1	101.1
Czechia	99.2	98.4	100.2	99.7	99.1	97.5
Denmark	131.4	141.8	134.2	127.4	134.4	129.9
Germany	93.6	90.6	93.5	91.2	90.8	92.0
Estonia	85.6	81.6	83.0	83.8	85.0	87.4
Ireland	101.3	108.2	108.6	101.8	106.9	100.7
Greece	112.7	115.0	110.0	107.0	107.9	110.8
Spain	101.0	100.5	100.1	101.1	102.0	100.5
France	100.0	100.2	101.2	100.4	100.1	100.3
Croatia	96.0	102.0	97.3	102.9	98.9	96.5
Italy	95.4	94.5	94.5	94.2	94.3	94.6
Cyprus	109.1	107.1	106.5	106.7	107.7	104.9
Latvia	92.6	93.7	94.9	93.7	94.2	93.9
Lithuania	104.1	105.5	108.7	109.0	101.9	106.3
Luxembourg	90.1	90.4	84.9	90.0	90.5	87.0
Hungary	96.5	96.5	96.1	95.4	97.3	95.7
Malta	113.0	108.0	110.2	114.8	113.7	121.8
Netherlands	101.2	100.3	102.1	99.6	100.0	101.5
Austria	101.5	102.0	101.5	100.5	99.1	98.7
Poland	110.7	110.3	109.4	108.9	112.7	111.1
Portugal	94.7	94.3	94.0	96.8	100.1	96.7
Romania	98.4	95.3	96.5	96.5	96.9	96.3
Slovenia	96.1	93.4	93.3	94.9	97.3	95.9
Slovakia	100.0	97.1	98.6	99.9	100.7	99.4
Finland	102.3	103.9	103.0	101.5	101.9	103.3
Sweden	99.3	100.2	101.7	102.6	101.3	103.0
Norway	113.0	107.4	105.7	93.9	103.1	103.2
Switzerland	111.2	115.6	108.3	108.8	:	:
: Data not available Source dataset: sts_inpr_m

Production indices for total industry, calendar adjusted (base year 2021)
	2024
	Jun	Jul	Aug	Sep	Oct	Nov
Euro area	99.1	97.9	83.0	101.4	101.9	103.2
EU	100.7	98.0	85.4	102.6	103.9	104.6
Belgium	90.7	86.2	84.0	97.0	93.5	97.0
Bulgaria	101.3	103.1	98.6	102.7	106.0	105.3
Czechia	104.2	88.0	93.6	103.3	105.2	105.7
Denmark	133.0	129.8	131.0	130.1	136.4	132.3
Germany	95.2	90.4	86.0	95.4	93.3	98.4
Estonia	85.9	72.5	81.1	86.2	90.6	91.0
Ireland	92.6	111.7	94.0	124.3	124.6	125.6
Greece	117.5	128.4	104.2	109.0	106.4	107.9
Spain	105.9	104.9	77.7	104.3	108.3	105.2
France	104.0	98.6	79.7	101.6	105.1	104.2
Croatia	98.0	109.0	84.6	106.2	106.5	100.1
Italy	99.7	103.8	64.0	99.7	102.5	99.0
Cyprus	116.9	121.5	89.6	112.9	110.8	103.4
Latvia	96.3	93.7	99.6	96.0	101.1	102.7
Lithuania	104.2	101.8	108.4	111.7	107.3	109.9
Luxembourg	92.2	89.2	71.3	91.9	95.9	89.1
Hungary	100.2	95.2	84.7	103.2	102.7	100.8
Malta	117.9	113.8	104.1	120.4	119.0	124.5
Netherlands	104.4	98.5	93.3	100.8	103.0	104.9
Austria	105.2	101.9	90.4	105.0	103.2	104.1
Poland	111.7	105.5	102.2	111.4	120.0	115.5
Portugal	94.9	100.7	79.4	98.3	101.6	100.7
Romania	100.5	96.4	88.0	98.7	101.9	101.0
Slovenia	100.9	93.5	78.2	98.1	102.7	100.6
Slovakia	101.0	88.5	90.7	100.3	109.8	105.9
Finland	103.9	91.4	100.5	104.4	106.3	107.1
Sweden	103.0	78.3	86.8	105.7	108.2	109.5
Norway	102.4	106.4	105.9	81.9	106.5	107.5
Switzerland	118.3	113.0	99.5	108.6	:	:
: Data not available Source dataset: sts_inpr_m

Notes for users

Revisions and timetable

Compared with data issued in the News Release of 13 December 2024, the monthly percentage change for October 2024 has been revised from 0.0% to +0.2% in the euro area and from +0.3% to +0.4% in the EU. The annual percentage change has been revised from -1.2% to -1.1% in the euro area and from -0.8% to -0.6% 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.