Industrial production in the eurozone decreased by 2.4 percent in April compared with March

In April of this year, seasonally adjusted industrial production decreased by 2.4 percent in the euro area and by 1.8 percent in the 27 EU countries compared to March.

Industrial production in March increased by 2.4 percent in the eurozone region and by 0.6 percent in the EU. In April of this year, compared with April 2024, industrial production increased by 0.8 percent in the euro area and by 0.6 percent in the 27 EU countries. These data are published by Eurostat, the statistical office of the European Union.

Compared to March, in April, the production of durable goods decreased by 0.2 percent in the euro area and 0.3 percent in the 27 EU countries, while the production of capital goods decreased by 1.1 percent in the euro area and 0.7 percent in the 27 EU countries on a monthly basis. This month, the production of non-durable consumer goods decreased by three percent in the eurozone and by two percent in the EU27, both on a monthly basis. In April, the production of intermediate goods decreased by 0.7 percent in the euro area and 0.4 percent in the 27 EU countries, while energy production decreased by 1.6 percent in the euro area and 0.4 percent in the 27 EU countries on a monthly basis.

Among the EU member states in April, the highest growth compared to the previous month was recorded in Denmark (3.5%), Luxembourg (3.2%), Croatia and Sweden (2.5% each), while the largest decrease was recorded in Ireland (15.2%), Malta (6.2%) and Lithuania (3.0%).

Compared to the same month in 2024, in April of this year, the production of capital goods decreased by 0.6 percent in the euro area and increased by 0.2 percent in the 27 EU countries. In the same month, the production of durable consumer goods remained stable in the euro area and decreased by 0.3 percent in the 27 EU countries, while the production of intermediate goods decreased by one percent in both countries year-on-year. This month, the production of short-term consumer goods increased by 6.1 percent in the euro area and 4.1 percent in the EU-27, while energy production decreased by 0.1 percent in the euro area and 0.6 percent in the EU-27.

In April, the largest year-on-year growth was recorded in Ireland (18.4%), Finland (10.2%) and Croatia (6.5%), while Denmark (11.6%), Bulgaria (10.5%) and Slovenia (4.6%) recorded the sharpest declines.

Steelorbis.com