European Union Industrial Production m/m

Country:
European Union
EUR, Euro
Source:
Sector:
Business
Medium -11.3% 0.1%
-0.1%
Last release Importance Actual Forecast
Previous
6.5%
-11.3%
Next release Actual Forecast
Previous
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Industrial Production m/m measures the volumes of manufactured goods and industrial sector activity in the given month compared to the previous one. Growth rates relative to the previous month are based on seasonally adjusted parameters. The index calculation includes manufacturing industry, mining and utilities. Construction is not included.

The index is to reflect a value added change in different industries. This means that prices received by companies at different stages of production must be deducted from the gross price in order to prevent double counting of production. In practice, production data are collected from different sources including deflated turnover, physical production data, intermediate consumption of raw materials and energy, labor input, etc. Most often the basic index calculation is based on the gross value of the output.

The index is benchmarked to a basis of 2010, where the Industrial Production Index for 2010 is set to 100. The Industrial Production Index is one of the most important indicators of short-term economic statistics for the euro area. Analysts use it to evaluate early changes in economic development, as well as to forecast the eurozone's GDP.

The indicator growth can have a positive effect on euro quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "European Union Industrial Production m/m" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Mar 2020
-11.3%
0.1%
-0.1%
Feb 2020
-0.1%
0.1%
2.3%
Jan 2020
2.3%
0.0%
-1.8%
Dec 2019
-2.1%
0.1%
0.0%
Nov 2019
0.2%
0.1%
-0.9%
Oct 2019
-0.5%
0.0%
-0.1%
Sep 2019
0.1%
0.1%
0.4%
Aug 2019
0.4%
0.0%
-0.4%
Jul 2019
-0.4%
0.1%
-1.4%
Jun 2019
-1.6%
0.1%
0.8%
May 2019
0.9%
-0.3%
-0.4%
Apr 2019
-0.5%
2.2%
-0.4%
Mar 2019
-0.3%
0.0%
-0.1%
Feb 2019
-0.2%
0.0%
1.9%
Jan 2019
1.4%
0.0%
-0.9%
Dec 2018
-0.9%
0.0%
-1.7%
Nov 2018
-1.7%
0.0%
0.1%
Oct 2018
0.2%
-0.2%
-0.6%
Sep 2018
-0.3%
-1.2%
1.1%
Aug 2018
1.0%
1.3%
-0.7%
Jul 2018
-0.8%
0.8%
-0.8%
Jun 2018
-0.7%
0.4%
1.4%
May 2018
1.3%
-0.7%
-0.8%
Apr 2018
-0.9%
-3.6%
0.6%
Mar 2018
0.5%
0.0%
-0.9%
Feb 2018
-0.8%
0.0%
-0.6%
Jan 2018
-1.0%
0.0%
0.4%
Dec 2017
0.4%
0.0%
1.3%
Nov 2017
1.0%
0.0%
0.4%
Oct 2017
0.2%
0.0%
-0.5%
Sep 2017
-0.6%
0.0%
1.4%
Aug 2017
1.4%
0.0%
0.3%
Jul 2017
0.1%
0.0%
-0.6%
Jun 2017
-0.6%
0.0%
1.2%
May 2017
1.3%
0.0%
0.3%
Apr 2017
0.5%
0.0%
0.2%
Mar 2017
-0.1%
0.0%
-0.1%
Feb 2017
-0.3%
0.3%
Jan 2017
0.9%
-1.2%
Dec 2016
-1.6%
1.5%
Nov 2016
1.5%
0.1%
Oct 2016
-0.1%
-0.9%
Sep 2016
-0.8%
1.8%
Aug 2016
1.6%
-0.7%
Jul 2016
-1.1%
0.8%
Jun 2016
0.6%
-1.2%
May 2016
-1.2%
1.4%
Apr 2016
1.1%
-0.7%
Mar 2016
-0.8%
-0.8%
Feb 2016
-0.8%
1.9%

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