Euro indicators 14 August 2024 Next release: 13 September 2024
June 2024 compared with May 2024
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Down by 3.9% in the euro area and by 3.2% in the EU compared with June 2023
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.
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%).
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.
For more information
Database section on short-term business statistics
Statistics Explained article on the industrial production index
The weights of the Member States in the EU and euro area aggregates
(see file Base year 2021 weights - Euro indicators releases)Euro indicators dashboard
Release calendar for Euro indicators
European Statistics Code of Practice
Get in touch
Media requests
Eurostat Media Support
Phone: (+352) 4301 33 408
E-mail: eurostat-mediasupport@ec.europa.eu
Further information on data
E-mail: ESTAT-STS-DATA@ec.europa.eu
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