Industrial production down by 0.6% in the euro area and by 0.8% in the EU

Übersicht

In May 2024, compared with April 2024, seasonally adjusted industrial production decreased by 0.6% in the euro area and by 0.8% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In April 2024, industrial production remained unchanged in the euro area and grew by 0.5% in the EU.

In May 2024, compared with May 2023, industrial production decreased by 2.9% in the euro area and by 2.5% in the EU.

Industrial production

Monthly comparison by main industrial grouping and by Member State

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

decreased by 1.0% for intermediate goods,
increased by 0.8% for energy,
decreased by 1.2% for capital goods,
decreased by 1.8% for durable consumer goods,
increased by 1.6% for non-durable consumer goods.

In the EU, industrial production

decreased by 1.0% for intermediate goods,
increased by 0.4% for energy,
decreased by 1.2% for capital goods,
decreased by 2.1% for durable consumer goods,
increased by 0.8% for non-durable consumer goods.

The largest monthly decreases were recorded in Slovenia (-7.3%), Romania (-6.2%) and Denmark (-4.9%). The highest increases were observed in Ireland (+6.7%), Luxembourg (+3.9%) and Estonia (+3.8%).

Annual comparison by main industrial grouping and by Member State

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

decreased by 3.5% for intermediate goods,
increased by 0.7% for energy,
decreased by 6.5% for capital goods,
decreased by 4.2% for durable consumer goods,
increased by 2.8% for non-durable consumer goods.

In the EU, industrial production

decreased by 3.1% for intermediate goods,
increased by 1.2% for energy,
decreased by 6.3% for capital goods,
decreased by 4.1% for durable consumer goods,
increased by 3.3% for non-durable consumer goods.

The largest annual decreases were recorded in Romania (-6.9%), Germany (-6.6%) and Bulgaria (-6.3%). The highest increases were observed in Denmark (+9.6%), Ireland (+8.7%) and Greece (+6.8%).

Industrial production in May 2024

Tables

Industrial production % change compared with previous month*
	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	May-24
Euro area
Total industry	1.5	-2.2	0.0	0.5	0.0	-0.6
Intermediate goods	-1.4	2.2	0.4	-0.3	-0.3	-1.0
Energy	0.3	1.1	-3.2	-0.1	-0.2	0.8
Capital goods	11.4	-15.4	1.9	0.9	0.7	-1.2
Durable consumer goods	0.1	-1.4	1.2	-0.6	0.4	-1.8
Non-durable consumer goods	-0.4	-0.4	-0.4	-2.7	3.6	1.6
EU
Total industry	1.3	-2.0	0.2	0.0	0.5	-0.8
Intermediate goods	-0.8	1.4	0.8	-0.3	-0.3	-1.0
Energy	0.5	0.8	-3.3	0.2	0.0	0.4
Capital goods	10.3	-13.7	1.7	0.6	0.5	-1.2
Durable consumer goods	0.3	-1.3	1.4	-0.6	0.9	-2.1
Non-durable consumer goods	-0.4	-0.5	-0.1	-2.6	4.0	0.8
* Calendar and seasonally adjusted Source dataset: sts_inpr_m

Industrial production % change compared with previous month*
	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	May-24
Euro area	1.5	-2.2	0.0	0.5	0.0	-0.6
EU	1.3	-2.0	0.2	0.0	0.5	-0.8
Belgien	5.2	-3.4	0.2	3.7	0.3	2.5
Bulgarien	4.0	-4.1	0.2	-0.4	2.8	-3.4
Czechia	3.0	-3.1	2.1	-1.7	0.6	-2.2
Dänemark	-0.5	-0.9	1.2	-2.5	10.5	-4.9
Deutschland	-2.1	1.0	0.7	-0.3	0.4	-2.4
Estland	5.1	-8.3	2.4	1.2	-1.6	3.8
Ireland**	20.1	-20.0	-5.0	10.7	-3.3	6.7
Griechenland	0.9	3.5	-1.8	-1.6	7.5	-3.1
Spanien	-1.0	1.0	1.2	-1.3	-0.1	-0.2
Frankreich	0.3	-1.2	0.4	-0.2	0.6	-2.1
Kroatien	-4.2	-0.3	-2.5	0.5	0.0	2.5
Italien	1.2	-1.5	0.0	-0.5	-1.0	0.5
Zypern	0.6	-0.5	0.7	2.2	-1.7	1.9
Lettland	1.2	-1.5	2.2	-0.7	-4.8	3.1
Litauen	-2.6	3.9	-2.8	4.0	3.9	-1.3
Luxemburg	1.2	-2.4	-1.1	4.7	-6.3	3.9
Ungarn	0.4	-0.9	3.4	-3.2	-0.7	-1.0
Malta	5.5	-9.2	3.1	2.4	0.6	1.3
Niederlande	3.3	-2.6	1.0	-0.9	0.5	-0.4
Österreich	2.2	-1.9	-0.2	0.3	0.5	-2.1
Polen	0.2	0.5	0.0	-5.1	6.7	-2.6
Portugal	-1.9	3.0	0.6	2.9	-2.1	-3.3
Rumänien	1.6	-3.4	3.3	4.0	-1.8	-6.2
Slowenien	-8.8	8.8	3.2	-6.3	10.0	-7.3
Slowakei	3.3	-2.4	1.3	-1.5	2.4	-1.4
Finnland	-3.1	3.5	-0.2	-4.7	0.4	1.1
Schweden	1.1	-0.4	-0.7	0.5	-2.6	1.4
Norwegen	1.4	1.8	-4.3	3.8	-0.5	0.2
Schweiz	2.5	-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*
	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	May-24
Euro area
Total industry	0.2	-6.5	-6.3	-1.2	-3.1	-2.9
Intermediate goods	-3.6	-3.1	-2.8	-2.8	-2.1	-3.5
Energy	-1.9	0.7	-3.4	-2.1	-1.9	0.7
Capital goods	4.6	-10.9	-9.1	1.7	-5.2	-6.5
Durable consumer goods	-3.0	-7.6	-4.2	-7.7	-3.1	-4.2
Non-durable consumer goods	-5.2	-3.7	-5.0	-7.2	0.6	2.8
EU
Total industry	0.3	-5.4	-5.2	-1.1	-2.1	-2.5
Intermediate goods	-3.7	-3.6	-2.7	-2.5	-1.8	-3.1
Energy	-1.0	0.9	-3.3	-1.6	-1.3	1.2
Capital goods	4.3	-9.3	-7.9	1.3	-4.8	-6.3
Durable consumer goods	-4.2	-7.6	-4.1	-6.9	-2.3	-4.1
Non-durable consumer goods	-2.9	-1.6	-3.4	-5.0	2.8	3.3
* Calendar adjusted Source dataset: sts_inpr_m

Industrial production % change compared with same month of the previous year*
	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	May-24
Euro area	0.2	-6.5	-6.3	-1.2	-3.1	-2.9
EU	0.3	-5.4	-5.2	-1.1	-2.1	-2.5
Belgien	-5.1	-4.1	-7.8	-5.9	2.8	2.6
Bulgarien	-5.4	-9.2	-8.0	-7.7	-0.3	-6.3
Czechia	-0.3	-0.3	0.7	-2.9	-0.4	-3.2
Dänemark	8.6	8.4	4.6	4.0	18.4	9.6
Deutschland	-4.5	-5.1	-6.4	-5.0	-3.7	-6.6
Estland	-3.4	-10.2	-5.3	-5.6	-4.8	-1.3
Irland	36.0	-32.1	-35.9	38.5	-15.9	8.7
Griechenland	4.6	10.4	1.9	-0.6	11.8	6.8
Spanien	-2.0	0.4	3.7	-0.3	0.3	0.2
Frankreich	0.7	0.9	-0.6	0.6	1.2	-3.2
Kroatien	-1.0	-1.4	-5.2	-5.0	-2.0	-3.3
Italien	-1.5	-3.7	-3.4	-3.3	-3.0	-3.3
Zypern	2.6	1.9	2.2	8.1	2.9	5.0
Lettland	-1.3	-2.6	1.1	0.5	-7.8	-0.9
Litauen	-5.1	-0.3	-1.0	2.3	2.3	4.7
Luxemburg	-1.6	-4.2	-7.9	-0.9	-5.5	-1.1
Ungarn	-7.4	-3.6	1.8	-3.1	-2.5	-4.9
Malta	8.2	-4.9	-3.6	-0.2	3.1	1.2
Niederlande	-1.3	-2.5	-1.1	-3.8	-1.9	-1.6
Österreich	-1.4	-4.7	-6.0	-4.5	-3.5	-6.2
Polen	-0.5	1.0	1.2	-3.1	4.7	-0.4
Portugal	-5.2	-1.7	1.0	4.2	5.1	0.6
Rumänien	1.0	-4.1	-1.7	3.7	3.7	-6.9
Slowenien	-11.0	-3.6	2.6	-7.4	12.9	-5.0
Slowakei	4.9	3.5	0.1	-6.9	6.2	0.0
Finnland	-7.6	-1.0	1.5	-9.1	-6.4	-5.3
Schweden	2.7	-1.6	-2.7	2.7	-3.5	-0.7
Norwegen	7.7	8.3	1.7	4.6	3.5	5.9
Schweiz	-0.9	-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)
	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	May-24
Euro area	99.5	97.3	97.3	97.8	97.8	97.2
EU	100.8	98.8	99.0	99.0	99.5	98.7
Belgien	93.1	89.9	90.1	93.4	93.7	96.0
Bulgarien	102.8	98.6	98.8	98.4	101.2	97.8
Czechia	102.8	99.6	101.7	100.0	100.6	98.4
Dänemark	129.0	127.8	129.3	126.1	139.3	132.5
Deutschland	93.3	94.2	94.9	94.6	95.0	92.7
Estland	92.0	84.4	86.4	87.4	86.0	89.3
Ireland*	122.9	98.3	93.4	103.4	100.0	106.7
Griechenland	106.4	110.1	108.1	106.4	114.4	110.9
Spanien	100.7	101.7	102.9	101.6	101.5	101.3
Frankreich	101.3	100.1	100.5	100.3	100.9	98.8
Kroatien	98.9	98.6	96.1	96.6	96.6	99.0
Italien	97.4	95.9	95.9	95.4	94.4	94.9
Zypern	106.5	106.0	106.7	109.1	107.2	109.2
Lettland	96.1	94.7	96.8	96.1	91.5	94.3
Litauen	98.4	102.2	99.3	103.3	107.3	105.9
Luxemburg	93.0	90.8	89.8	94.0	88.1	91.5
Ungarn	98.7	97.8	101.1	97.9	97.2	96.2
Malta	114.9	104.3	107.5	110.1	110.8	112.2
Niederlande	103.2	100.5	101.5	100.6	101.1	100.7
Österreich	102.6	100.7	100.5	100.8	101.3	99.2
Polen	110.3	110.8	110.8	105.2	112.3	109.4
Portugal	97.1	100.0	100.6	103.5	101.3	98.0
Rumänien	99.2	95.8	99.0	103.0	101.1	94.8
Slowenien	89.0	96.8	99.9	93.6	103.0	95.5
Slowakei	99.1	96.7	98.0	96.5	98.8	97.4
Finnland	97.9	101.3	101.1	96.3	96.7	97.8
Schweden	103.1	102.7	102.0	102.5	99.8	101.2
Norwegen	103.4	105.3	100.8	104.6	104.1	104.3
Schweiz	108.4	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)
	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	May-24
Euro area	95.1	94.2	94.6	104.4	96.5	95.9
EU	96.8	95.7	96.3	106.1	98.3	97.5
Belgien	91.5	86.5	86.6	101.6	89.6	95.1
Bulgarien	105.4	93.7	93.6	101.5	98.5	93.2
Czechia	95.3	95.8	98.1	107.9	100.0	99.8
Dänemark	133.8	129.3	124.8	134.0	135.8	131.7
Deutschland	89.3	88.0	92.8	103.0	93.6	90.7
Estland	88.4	80.9	81.5	93.1	86.0	93.3
Irland	116.8	105.1	71.9	91.0	98.3	89.1
Griechenland	106.7	100.6	106.0	108.1	113.6	111.5
Spanien	92.3	100.2	104.9	107.6	101.7	106.5
Frankreich	102.7	103.3	100.4	109.0	100.5	93.7
Kroatien	95.1	90.2	93.0	103.2	96.6	101.5
Italien	86.1	90.6	98.6	105.8	93.1	101.9
Zypern	107.0	97.4	101.0	109.6	103.7	113.8
Lettland	102.1	74.5	83.5	96.8	88.9	97.1
Litauen	98.7	98.3	93.7	105.8	103.8	108.5
Luxemburg	86.0	86.5	88.9	103.9	90.1	91.0
Ungarn	89.5	92.7	102.3	105.5	95.5	97.3
Malta	101.5	99.2	101.4	114.8	108.4	115.1
Niederlande	104.1	98.0	97.8	107.6	99.4	100.4
Österreich	102.8	91.2	96.2	110.4	100.6	97.9
Polen	106.6	106.1	107.5	115.2	111.2	107.8
Portugal	89.0	101.6	98.0	110.0	99.4	101.5
Rumänien	94.5	91.3	94.9	108.7	99.2	97.8
Slowenien	80.1	92.9	97.0	103.2	101.8	99.4
Slowakei	87.6	96.6	100.1	100.9	99.9	102.8
Finnland	107.4	99.2	95.7	101.1	95.5	97.8
Schweden	105.8	101.0	101.7	116.8	100.6	100.9
Norwegen	109.9	115.9	100.4	112.2	103.5	100.9
Schweiz	107.6	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 13 June 2024, the monthly percentage change for April 2024 has been revised from -0.1% to 0.0% in the euro area and remained unchanged at +0.5% in the EU. The annual percentage change has been revised from -3.0% to -3.1% in the euro area and from -2.0% to -2.1% 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.