Industrial production stable in the euro area and up by 0.3% in the EU

Overview

In October 2024, compared with September 2024, seasonally adjusted industrial production remained stable in the euro area and increased by 0.3% the EU, according to first estimates from Eurostat, the statistical office of the European Union. In September 2024, industrial production fell by 1.5% in the euro area and by 1.4% in the EU.

In October 2024, compared with October 2023, industrial production decreased by 1.2% the euro area and by 0.8% in the EU.

Monthly comparison by main industrial grouping and by Member State

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

remained stable for intermediate goods,
decreased by 1.9% for energy,
increased by 1.7% for capital goods,
decreased by 1.8% for durable consumer goods,
decreased by 2.3% for non-durable consumer goods.

In the EU, industrial production

increased by 0.2% for intermediate goods,
decreased by 1.3% for energy,
increased by 1.7% for capital goods,
decreased by 0.7% for durable consumer goods,
decreased by 1.3% for non-durable consumer goods.

The highest monthly increases were observed in Ireland (+5.7%), Denmark (+5.4%) and Poland (+3.5%). The largest decreases were recorded in Lithuania (-7.5%), Belgium (-6.2%) and Croatia (-3.9%).

Annual comparison by main industrial grouping and by Member State

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

decreased by 3.5% for intermediate goods,
decreased by 1.0% for energy,
decreased by 1.7% for capital goods,
decreased by 3.2% for durable consumer goods,
increased by 3.3% for non-durable consumer goods.

In the EU, industrial production

decreased by 3.1% for intermediate goods,
decreased by 1.4% for energy,
decreased by 1.7% for capital goods,
decreased by 1.7% for durable consumer goods,
increased by 3.6% for non-durable consumer goods.

The largest annual decreases were recorded in Belgium (-7.9%), Germany (-4.9%) and Italy (-3.6%). The highest increases were observed in Ireland (+15.2%), Denmark (+8.6%) and Malta (+6.2%).

Tables

Industrial production
% change compared with previous month*

Share
	2024
	May	Jun	Jul	Aug	Sep	Oct
Euro area
Total industry	-1.0	0.4	-0.9	1.3	-1.5	0.0
Intermediate goods	-1.7	0.2	-0.4	0.1	-1.5	0.0
Energy	0.3	1.8	-0.1	0.3	-1.1	-1.9
Capital goods	-2.1	0.4	-1.2	3.0	-3.8	1.7
Durable consumer goods	-3.0	4.0	-3.3	1.8	1.0	-1.8
Non-durable consumer goods	2.5	-2.0	2.0	-0.3	1.9	-2.3
EU
Total industry	-1.3	0.5	-0.6	1.0	-1.4	0.3
Intermediate goods	-1.8	0.4	-0.7	0.2	-1.2	0.2
Energy	0.1	1.4	-0.2	0.3	-1.3	-1.3
Capital goods	-2.0	0.5	-1.4	3.0	-3.3	1.7
Durable consumer goods	-3.0	3.4	-2.8	1.5	0.7	-0.7
Non-durable consumer goods	1.5	-1.4	2.6	-1.0	0.9	-1.3

Industrial production
% change compared with previous month*

Share
	2024
	May	Jun	Jul	Aug	Sep	Oct
Euro area	-1.0	0.4	-0.9	1.3	-1.5	0.0
EU	-1.3	0.5	-0.6	1.0	-1.4	0.3
Belgium	1.8	-6.9	6.1	-0.1	0.0	-6.2
Bulgaria	-2.5	0.1	0.6	0.9	1.3	-0.7
Czechia	-2.3	0.8	-0.7	1.8	-0.5	-0.7
Denmark	-6.0	0.8	8.0	-5.1	-5.1	5.4
Germany	-3.2	2.0	-3.3	3.2	-2.4	-1.1
Estonia	3.5	-3.4	-4.8	1.7	1.0	1.6
Ireland	4.1	-3.4	2.4	1.7	-5.5	5.7
Greece	-3.2	1.6	2.0	-4.4	-2.6	0.5
Spain	0.1	0.4	-0.5	-0.4	1.0	1.0
France	-2.2	0.8	0.3	0.9	-0.7	-0.2
Croatia	1.5	-2.4	6.2	-4.6	5.8	-3.9
Italy	0.5	0.5	-1.0	0.0	-0.3	0.0
Cyprus	0.7	1.6	-1.7	-0.1	0.6	1.0
Latvia	3.5	-2.4	1.3	1.3	-1.3	-0.2
Lithuania	-1.1	-1.9	1.3	3.0	0.3	-7.5
Luxembourg	-0.5	-1.7	0.3	-6.3	6.5	0.0
Hungary	-1.2	0.7	-0.1	-0.4	-0.6	2.0
Malta	0.2	0.7	-5.8	2.8	3.8	-0.4
Netherlands	-0.2	0.4	-0.9	1.8	-2.4	-0.4
Austria	-1.8	1.0	0.5	-0.4	-1.1	0.0
Poland	-2.6	1.2	-0.4	-0.8	-0.5	3.5
Portugal	-3.0	-3.7	-0.4	-0.3	3.0	3.1
Romania	-6.2	3.8	-3.2	1.3	0.0	0.4
Slovenia	-3.5	4.2	-2.8	-0.1	1.8	2.2
Slovakia	-1.5	2.1	-2.9	1.5	1.4	0.7
Finland	1.0	3.7	1.7	-1.0	-1.9	0.8
Sweden	1.4	-1.2	0.8	1.4	0.8	-1.2
Norway	0.5	7.3	-5.0	-1.7	-11.3	9.7
Switzerland	0.7	-0.6	4.0	-6.3	0.5	:

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

Share
	2024
	May	Jun	Jul	Aug	Sep	Oct
Euro area
Total industry	-4.4	-3.9	-2.2	-0.4	-2.2	-1.2
Intermediate goods	-7.0	-5.7	-4.4	-2.7	-4.2	-3.5
Energy	0.0	1.8	0.9	2.4	1.9	-1.0
Capital goods	-7.2	-6.6	-3.7	-0.4	-5.7	-1.7
Durable consumer goods	-5.3	-2.5	-4.8	-5.4	-1.2	-3.2
Non-durable consumer goods	3.0	1.0	2.4	1.7	5.4	3.3
EU
Total industry	-3.9	-3.3	-1.6	-0.1	-1.8	-0.8
Intermediate goods	-6.2	-4.8	-4.1	-2.4	-3.6	-3.1
Energy	0.5	2.2	1.1	2.2	1.4	-1.4
Capital goods	-6.9	-6.2	-4.0	-0.4	-5.1	-1.7
Durable consumer goods	-5.1	-2.2	-4.2	-4.4	-1.1	-1.7
Non-durable consumer goods	3.5	1.6	4.3	2.9	4.9	3.6

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

Share
	2024
	May	Jun	Jul	Aug	Sep	Oct
Euro area	-4.4	-3.9	-2.2	-0.4	-2.2	-1.2
EU	-3.9	-3.3	-1.6	-0.1	-1.8	-0.8
Belgium	-0.8	-5.4	0.1	4.2	5.0	-7.9
Bulgaria	-4.9	-4.9	-2.6	-3.0	1.2	-1.7
Czechia	-3.2	-3.3	-2.1	1.7	1.7	-2.1
Denmark	8.1	3.2	20.7	12.9	6.0	8.6
Germany	-7.5	-3.9	-5.9	-2.8	-4.3	-4.9
Estonia	-1.5	-3.2	-5.8	-6.0	-1.6	0.1
Ireland	-5.4	-16.7	7.3	11.2	-0.6	15.2
Greece	7.0	9.8	10.5	3.7	2.5	-3.1
Spain	-0.3	0.4	-0.9	-1.5	0.6	3.0
France	-2.9	-1.2	-1.1	0.8	-0.7	-0.8
Croatia	-3.3	-8.2	1.6	-2.1	1.0	-2.0
Italy	-3.3	-2.6	-3.3	-3.2	-3.9	-3.6
Cyprus	3.2	6.8	2.3	2.0	1.3	3.8
Latvia	-0.5	-5.5	1.7	0.6	-2.0	-1.9
Lithuania	5.0	0.6	5.4	5.0	4.6	-0.4
Luxembourg	0.2	-1.9	-1.7	-10.2	0.7	-0.9
Hungary	-5.1	-3.7	-6.6	-4.2	-5.3	-3.0
Malta	1.1	7.2	-2.2	1.4	4.9	6.2
Netherlands	-1.5	-3.5	-3.1	0.8	-1.9	-1.1
Austria	-5.8	-3.6	-2.0	-2.8	-3.5	-3.0
Poland	-0.4	1.1	1.3	-0.5	-1.3	3.0
Portugal	1.0	-2.9	-3.0	-1.9	2.5	3.6
Romania	-7.0	0.4	-4.0	-2.0	-3.8	-1.0
Slovenia	-7.6	-1.2	-1.5	6.2	-0.3	3.4
Slovakia	-1.9	-4.2	5.5	0.9	2.5	1.3
Finland	-6.0	2.7	5.9	2.3	-0.2	0.6
Sweden	-1.9	1.4	-2.4	-1.0	1.9	-1.8
Norway	5.9	14.9	10.0	5.9	-0.5	2.1
Switzerland	7.9	6.0	10.8	-0.4	-0.8	:

Production indices for total industry, calendar and seasonally adjusted
(base year 2021)

Share
	2024
	May	Jun	Jul	Aug	Sep	Oct
Euro area	96.8	97.2	96.3	97.6	96.1	96.1
EU	98.2	98.7	98.1	99.1	97.7	98.0
Belgium	92.7	86.3	91.6	91.5	91.5	85.8
Bulgaria	99.1	99.2	99.8	100.7	102.0	101.3
Czechia	98.4	99.2	98.5	100.3	99.8	99.1
Denmark	130.8	131.8	142.3	135.0	128.1	135.0
Germany	91.8	93.6	90.5	93.4	91.2	90.2
Estonia	88.6	85.6	81.5	82.9	83.7	85.0
Ireland	106.5	102.9	105.4	107.2	101.3	107.1
Greece	110.8	112.6	114.9	109.9	107.0	107.5
Spain	100.8	101.2	100.7	100.3	101.3	102.3
France	99.2	100.0	100.3	101.2	100.5	100.3
Croatia	98.4	96.0	102.0	97.3	102.9	98.9
Italy	94.9	95.4	94.4	94.4	94.1	94.1
Cyprus	107.9	109.5	107.7	107.6	108.2	109.3
Latvia	94.6	92.3	93.5	94.7	93.5	93.3
Lithuania	106.1	104.1	105.5	108.7	109.0	100.8
Luxembourg	91.8	90.2	90.5	84.8	90.3	90.3
Hungary	95.9	96.6	96.5	96.1	95.5	97.4
Malta	111.8	112.6	106.1	109.1	113.3	112.9
Netherlands	100.8	101.2	100.3	102.1	99.6	99.2
Austria	100.7	101.7	102.2	101.8	100.7	100.7
Poland	109.4	110.7	110.3	109.4	108.9	112.7
Portugal	98.3	94.7	94.3	94.0	96.8	99.8
Romania	94.8	98.4	95.3	96.5	96.5	96.9
Slovenia	92.2	96.1	93.4	93.3	95.0	97.1
Slovakia	97.9	100.0	97.1	98.6	100.0	100.7
Finland	98.4	102.0	103.7	102.7	100.8	101.6
Sweden	100.5	99.3	100.1	101.5	102.3	101.1
Norway	105.4	113.1	107.5	105.7	93.8	102.9
Switzerland	111.9	111.2	115.6	108.3	108.8	:

Production indices for total industry, calendar adjusted
(base year 2021)

Share
	2024
	May	Jun	Jul	Aug	Sep	Oct
Euro area	95.8	99.1	97.9	83.0	101.3	101.8
EU	97.3	100.7	98.0	85.4	102.6	103.7
Belgium	92.0	90.7	86.2	84.0	96.5	91.6
Bulgaria	94.8	101.3	103.1	98.6	102.7	105.8
Czechia	99.8	104.2	88.0	93.6	103.3	105.2
Denmark	129.9	133.0	129.8	131.0	129.9	135.8
Germany	89.8	95.3	90.4	86.0	95.4	92.9
Estonia	93.1	85.9	72.5	81.1	86.2	90.7
Ireland	93.1	92.6	111.7	94.0	124.3	124.8
Greece	111.7	117.5	128.4	104.1	109.0	106.0
Spain	105.7	105.9	104.9	77.7	104.2	108.2
France	94.2	104.1	98.7	79.7	101.8	105.4
Croatia	101.5	98.0	109.0	84.6	106.2	106.5
Italy	101.9	99.7	103.8	64.0	99.7	102.4
Cyprus	111.9	116.9	121.5	90.2	113.9	111.9
Latvia	97.5	96.3	93.7	99.6	96.0	101.1
Lithuania	108.8	104.2	101.8	108.4	111.7	106.6
Luxembourg	92.1	92.2	89.1	71.2	92.1	95.7
Hungary	97.0	100.2	95.2	84.7	103.2	102.8
Malta	114.8	117.8	111.8	103.4	119.5	119.0
Netherlands	100.5	104.4	98.5	93.3	100.8	102.3
Austria	99.3	105.2	101.9	90.4	105.0	105.1
Poland	107.8	111.7	105.5	102.2	111.4	120.0
Portugal	101.9	94.9	100.7	79.4	98.3	101.3
Romania	97.7	100.5	96.4	88.0	98.7	101.9
Slovenia	95.8	100.9	93.5	78.3	98.1	102.5
Slovakia	102.8	101.0	88.6	90.7	100.3	109.8
Finland	97.1	103.6	91.4	100.3	103.7	106.3
Sweden	99.8	103.0	78.3	86.8	105.7	108.2
Norway	100.9	102.4	106.4	105.9	81.9	106.5
Switzerland	110.9	118.3	113.0	99.5	108.6	:

Notes for users

Revisions and timetable

Compared with data issued in the News Release of 14 November 2024, the monthly percentage change for September 2024 has been revised from -2.0% to -1.5% in the euro area and from -2.0% to -1.4% in the EU. The annual percentage change has been revised from -2.8% to -2.2% in the euro area and from -2.4% to -1.8% 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.