Eurozone Industry

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Eurozone: Industrial production rebounds in September

November 12, 2014

In September, industrial production rose a seasonally-adjusted 0.6% over the previous month, according to data released by Eurostat on 12 November. The increase—which contrasted a 1.4% drop in August—undershot the 0.7% growth market analysts had expected.

At a country level, Ireland (+4.1% month-on-month) and Germany (+1.7% mom) were the region’s top performers. At the other end of the spectrum, Netherlands (-2.0% mom) and Italy (-0.9% mom) recorded the worst results. In the remaining two major regional economies, industrial output expanded 1.0% in Spain and 0.1% in France.

On an annual basis, industrial production rose 0.7%, which contrasted the 0.6% drop recorded in August. Meanwhile, annual average growth in industrial production was stable at August’s 1.1%.

FocusEconomics Consensus Forecast panelists see industrial production expanding 1.0% in 2014, which is up 0.1 percentage points from last month’s forecast. For 2015, panelists see industrial production growing 1.9%, which is also up 0.1 percentage points from last month’s forecast.


Author:, Head of Data Solutions

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Eurozone Industry Chart


Euro Industry by country September 2014

Note: Month-on-month var. of seasonally-adjusted industrial production and annual average growth rate in %.
Source: Eurostat


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