Industrial production up by 1.8% in the euro area and by 1.3% in the EU

Overview

In August 2024, compared with July 2024, seasonally adjusted industrial production increased by 1.8% in the euro area and by 1.3% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In July 2024, industrial production fell by 0.5% in the euro area and by 0.3% in the EU.

In August 2024, compared with August 2023, industrial production increased by 0.1% the euro area and by 0.2% in the EU.

Monthly comparison by main industrial grouping and by Member State

In the euro area in August 2024 compared with July 2024, industrial production

decreased by 0.3% for intermediate goods,
increased by 0.4% for energy,
increased by 3.7% for capital goods,
increased by 1.7% for durable consumer goods,
increased by 0.2% for non-durable consumer goods.

In the EU, industrial production

decreased by 0.2% for intermediate goods,
increased by 0.2% for energy,
increased by 3.6% for capital goods,
increased by 1.4% for durable consumer goods,
decreased by 0.4% for non-durable consumer goods.

The highest monthly increases were recorded in Ireland (+4.5%), Germany and Lithuania (both +3.3%) as well as in Malta (+2.7).The largest decreases were observed in Luxembourg (-9.2%), Croatia (-4.6%) and Denmark (-4.5%).

Annual comparison by main industrial grouping and by Member State

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

decreased by 2.7% for intermediate goods,
increased by 2.6% for energy,
increased by 0.2% for capital goods,
decreased by 4.8% for durable consumer goods,
increased by 2.0% for non-durable consumer goods.

In the EU, industrial production

decreased by 2.4% for intermediate goods,
increased by 2.2% for energy,
increased by 0.2% for capital goods,
decreased by 3.9% for durable consumer goods,
increased by 3.1% for non-durable consumer goods.

The highest annual increases were recorded in Ireland (+15.8%), Denmark (+10.7%) and Slovenia (+7.2%). The largest decreases were observed in Luxembourg (-11.7%), Estonia (-6.0%) and Hungary (-4.2%).

Tables

Industrial production
% change compared with previous month*

Share
	2024
	Mar	Apr	May	Jun	Jul	Aug
Euro area
Total industry	0.7	-0.5	-0.8	0.3	-0.5	1.8
Intermediate goods	-0.2	-0.3	-0.9	0.6	-1.3	-0.3
Energy	-0.1	-0.2	0.7	1.6	-0.2	0.4
Capital goods	0.5	0.2	-2.7	1.1	-1.3	3.7
Durable consumer goods	-0.5	0.1	-2.9	3.7	-3.1	1.7
Non-durable consumer goods	-2.7	3.6	1.9	-2.3	1.8	0.2
EU
Total industry	0.2	0.1	-1.1	0.4	-0.3	1.3
Intermediate goods	-0.3	-0.3	-1.0	0.7	-1.3	-0.2
Energy	0.3	-0.1	0.3	1.4	-0.3	0.2
Capital goods	0.3	0.0	-2.6	1.0	-1.4	3.6
Durable consumer goods	-0.5	0.7	-3.0	3.2	-2.6	1.4
Non-durable consumer goods	-2.6	4.1	1.0	-1.6	2.2	-0.4

Industrial production
% change compared with previous month*

Share
	2024
	Mar	Apr	May	Jun	Jul	Aug
Euro area	0.7	-0.5	-0.8	0.3	-0.5	1.8
EU	0.2	0.1	-1.1	0.4	-0.3	1.3
Belgium	2.9	-0.8	1.9	-6.9	6.4	0.4
Bulgaria	-1.0	3.1	-2.5	0.1	0.6	0.8
Czechia	-1.6	0.7	-2.4	0.8	-0.8	1.7
Denmark	-2.5	10.7	-6.0	0.9	5.8	-4.5
Germany	-0.4	0.4	-3.1	2.0	-3.3	3.3
Estonia	0.8	-1.4	3.5	-3.4	-4.8	1.7
Ireland**	13.8	-7.6	6.9	-4.8	7.6	4.5
Greece	-1.6	7.6	-3.1	1.7	1.8	-4.4
Spain	-1.4	-0.3	-0.2	0.3	-0.7	-0.4
France	-0.2	0.7	-2.2	0.9	0.1	1.4
Croatia	0.4	0.2	1.5	-2.4	6.3	-4.6
Italy	-0.5	-1.0	0.5	0.5	-1.0	0.1
Cyprus	2.2	-1.6	0.7	1.5	-1.6	0.1
Latvia	-0.5	-4.9	3.5	-2.4	1.3	2.0
Lithuania	4.0	3.9	-1.1	-1.9	1.3	3.3
Luxembourg	4.9	-5.7	2.9	-0.1	0.7	-9.2
Hungary	-3.2	-0.6	-1.2	0.5	0.0	-0.5
Malta	3.2	0.7	0.1	0.1	-4.7	2.7
Netherlands	-0.9	0.4	-0.2	0.4	-0.8	2.2
Austria	0.0	0.7	-1.8	1.0	0.5	-0.8
Poland	-5.1	6.7	-2.6	1.2	-0.4	-0.8
Portugal	2.9	-2.1	-3.0	-3.7	-0.8	0.2
Romania	4.0	-1.8	-6.2	3.8	-3.2	1.2
Slovenia	-2.7	1.3	-3.5	4.2	-2.7	0.3
Slovakia	-1.8	3.5	-1.5	2.1	-2.9	1.4
Finland	-4.6	0.5	1.1	3.5	1.9	-0.9
Sweden	0.1	-3.0	1.4	-1.0	1.0	1.7
Norway	3.3	-0.2	0.6	7.6	-3.6	-1.1
Switzerland	0.3	3.3	1.1	-0.6	:	:

Industrial production
% change compared with same month of the previous year*

Share
	2024
	Mar	Apr	May	Jun	Jul	Aug
Euro area
Total industry	-1.3	-3.2	-3.5	-4.2	-2.1	0.1
Intermediate goods	-2.8	-2.2	-3.3	-1.5	-2.9	-2.7
Energy	-2.5	-2.3	0.2	2.0	1.1	2.6
Capital goods	1.6	-5.4	-7.7	-8.4	-4.5	0.2
Durable consumer goods	-7.4	-3.1	-5.2	-2.5	-4.8	-4.8
Non-durable consumer goods	-7.3	0.4	2.5	0.6	2.3	2.0
EU
Total industry	-1.2	-2.2	-3.1	-3.4	-1.5	0.2
Intermediate goods	-2.4	-1.8	-3.1	-1.3	-2.6	-2.4
Energy	-2.0	-1.6	0.8	2.4	1.4	2.2
Capital goods	1.3	-5.0	-7.3	-7.6	-4.8	0.2
Durable consumer goods	-6.7	-2.2	-4.9	-2.3	-4.0	-3.9
Non-durable consumer goods	-5.1	2.6	3.1	1.2	4.0	3.1

Industrial production
% change compared with same month of the previous year*
	2024
	Mar	Apr	May	Jun	Jul	Aug
Euro area	-1.3	-3.2	-3.5	-4.2	-2.1	0.1
EU	-1.2	-2.2	-3.1	-3.4	-1.5	0.2
Belgium	-7.3	0.1	-0.8	-5.4	0.2	4.7
Bulgaria	-7.7	-0.4	-4.9	-4.9	-2.6	-2.7
Czechia	-2.9	-0.1	-3.2	-3.3	-1.9	1.5
Denmark	4.0	18.6	8.1	3.2	18.0	10.7
Germany	-5.1	-3.7	-7.3	-3.8	-5.7	-2.5
Estonia	-5.7	-4.8	-1.5	-3.2	-5.8	-6.0
Ireland	38.5	-15.9	6.5	-19.8	9.3	15.8
Greece	-0.6	12.4	7.0	9.8	10.1	3.1
Spain	-0.3	0.1	0.0	0.7	-0.8	-1.3
France	0.6	1.5	-3.1	-1.4	-1.3	1.1
Croatia	-4.8	-2.1	-3.3	-8.2	1.6	-2.1
Italy	-3.3	-3.0	-3.3	-2.6	-3.3	-3.2
Cyprus	8.2	3.7	3.2	6.8	2.4	2.7
Latvia	0.5	-7.8	-0.4	-5.5	1.4	2.1
Lithuania	2.3	2.3	5.0	0.6	5.4	5.4
Luxembourg	-0.8	-4.9	-1.3	-0.9	-0.8	-11.7
Hungary	-2.9	-2.3	-4.9	-3.7	-6.4	-4.2
Malta	0.9	4.5	1.0	6.3	-1.5	2.1
Netherlands	-3.8	-1.9	-1.5	-3.5	-3.1	0.9
Austria	-4.5	-3.6	-5.8	-3.6	-2.0	-3.3
Poland	-3.1	4.7	-0.4	1.1	1.3	-0.5
Portugal	4.2	5.1	1.0	-2.9	-3.5	-1.9
Romania	3.7	3.7	-7.0	0.4	-4.0	-2.1
Slovenia	-4.1	-0.4	-7.6	-1.1	-1.3	7.2
Slovakia	-10.0	4.1	-2.0	-4.2	5.5	0.9
Finland	-9.0	-6.4	-5.8	2.7	6.1	2.7
Sweden	2.3	-4.1	-1.7	2.9	-1.1	0.0
Norway	4.5	3.5	5.9	14.9	10.0	5.9
Switzerland	-2.6	8.1	8.7	5.6	:	:

Production indices for total industry, calendar and seasonally adjusted
(base year 2021)
	2024
	Mar	Apr	May	Jun	Jul	Aug
Euro area	98.1	97.6	96.8	97.1	96.6	98.3
EU	99.3	99.4	98.3	98.7	98.4	99.7
Belgium	91.9	91.2	92.9	86.5	92.0	92.4
Bulgaria	98.5	101.6	99.1	99.2	99.8	100.6
Czechia	100.1	100.8	98.4	99.2	98.4	100.1
Denmark	126.0	139.5	131.1	132.3	140.0	133.7
Germany	94.5	94.9	92.0	93.8	90.7	93.7
Estonia	86.8	85.6	88.6	85.6	81.5	82.9
Ireland*	107.0	98.9	105.7	100.6	108.2	113.1
Greece	106.5	114.6	111.0	112.9	114.9	109.9
Spain	101.4	101.1	100.9	101.2	100.5	100.1
France	100.5	101.2	99.0	99.9	100.0	101.4
Croatia	96.7	96.9	98.4	96.0	102.0	97.3
Italy	95.4	94.4	94.9	95.4	94.4	94.5
Cyprus	108.9	107.2	107.9	109.5	107.7	107.8
Latvia	96.2	91.5	94.7	92.4	93.6	95.5
Lithuania	103.3	107.3	106.1	104.1	105.5	109.0
Luxembourg	94.1	88.7	91.3	91.2	91.8	83.4
Hungary	97.9	97.3	96.1	96.6	96.6	96.1
Malta	110.8	111.6	111.7	111.8	106.5	109.4
Netherlands	100.6	101.0	100.8	101.2	100.4	102.6
Austria	101.8	102.5	100.7	101.7	102.2	101.4
Poland	105.2	112.3	109.4	110.7	110.3	109.4
Portugal	103.5	101.3	98.3	94.7	93.9	94.1
Romania	103.0	101.1	94.8	98.4	95.3	96.4
Slovenia	94.2	95.4	92.1	96.0	93.4	93.7
Slovakia	95.9	99.3	97.8	99.9	97.0	98.4
Finland	97.2	97.7	98.8	102.3	104.2	103.3
Sweden	102.2	99.1	100.5	99.5	100.5	102.2
Norway	104.9	104.7	105.3	113.3	109.2	108.0
Switzerland	107.3	110.8	112.0	111.3	:	:

Production indices for total industry, calendar adjusted
(base year 2021)
	2024
	Mar	Apr	May	Jun	Jul	Aug
Euro area	104.4	96.5	95.4	98.8	97.4	82.5
EU	106.0	98.2	97.0	100.5	97.6	85.0
Belgium	100.1	87.3	92.0	90.7	86.3	84.4
Bulgaria	101.8	98.8	94.8	101.3	103.1	98.9
Czechia	107.9	100.3	99.8	104.2	88.2	93.4
Denmark	134.0	136.0	129.9	133.0	126.7	128.4
Germany	102.9	93.6	90.0	95.4	90.6	86.3
Estonia	93.0	86.0	93.1	85.9	72.5	81.1
Ireland	91.0	98.3	87.3	88.6	105.1	85.8
Greece	108.2	114.2	111.7	117.5	127.9	103.5
Spain	107.6	101.5	106.3	106.5	105.4	78.1
France	109.2	100.9	93.9	103.8	98.4	80.0
Croatia	103.3	96.6	101.5	98.0	109.0	84.6
Italy	105.8	93.1	101.9	99.7	103.8	64.0
Cyprus	109.7	104.4	111.9	116.9	121.6	90.8
Latvia	96.8	88.9	97.6	96.3	93.4	101.1
Lithuania	105.8	103.8	108.8	104.2	101.8	108.8
Luxembourg	104.0	90.6	90.8	92.8	90.9	71.2
Hungary	105.4	95.8	97.2	100.2	95.3	84.8
Malta	116.0	109.7	114.9	117.0	112.8	104.4
Netherlands	107.6	99.4	100.5	104.4	98.4	93.4
Austria	111.7	101.7	99.3	105.2	101.9	89.9
Poland	115.2	111.2	107.8	111.7	105.5	102.2
Portugal	110.0	99.4	101.9	94.9	100.2	79.4
Romania	108.7	99.2	97.7	100.5	96.4	87.9
Slovenia	103.6	95.4	95.8	101.0	93.7	79.1
Slovakia	100.9	100.0	102.8	101.0	88.6	90.7
Finland	101.2	95.5	97.3	103.8	91.7	100.7
Sweden	116.3	100.0	99.9	103.1	78.7	87.8
Norway	112.2	103.5	100.9	102.4	106.4	105.9
Switzerland	117.2	105.7	111.7	117.9	:	:

Notes for users

Revisions and timetable

Compared with data issued in the News Release of 13 September 2024, the monthly percentage change for July 2024 has been revised from -0.3% to -0.5% in the euro area and from -0.1% to -0.3% in the EU. The annual percentage change has been revised from -2.2% to -2.1% in the euro area and from -1.7% to -1.5% 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.