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Europæisk industriproduktion op 0,2% i november, lavere end forventet

Morten W. Langer

onsdag 15. januar 2025 kl. 11:30

Eurozone

Fra Eurostat:

Down by 1.9% in the euro area and by 1.7% in the EU compared with November 2023

Overview

In November 2024, compared with October 2024, seasonally adjusted industrial production increased by 0.2% in the euro area and by 0.1% the EU, according to first estimates from Eurostat, the statistical office of the European Union. In October 2024, industrial production grew by 0.2% in the euro area and by 0.4% in the EU.

In November 2024, compared with November 2023, industrial production decreased by 1.9% the euro area and by 1.7% in the EU

Monthly comparison by main industrial grouping and by Member State

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

  • increased by 0.5% for intermediate goods,

  • increased by 1.1% for energy,

  • increased by 0.5% for capital goods,

  • increased by 1.5% for durable consumer goods,

  • increased by 0.1% for non-durable consumer goods.

In the EU, industrial production

  • increased by 0.4% for intermediate goods,

  • increased by 1.3% for energy,

  • increased by 0.1% for capital goods,

  • increased by 1.1% for durable consumer goods,

  • decreased by 0.1% for non-durable consumer goods.

The highest monthly increases were recorded in Belgium (+8.7%), Malta (+7.1%) and Lithuania (+4.3%). The largest decreases were observed in Ireland (-5.8%), Luxembourg (-3.9%) and Portugal (-3.4%).

Annual comparison by main industrial grouping and by Member State

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

  • decreased by 2.5% for intermediate goods,

  • decreased by 1.3% for energy,

  • decreased by 2.8% for capital goods,

  • decreased by 1.0% for durable consumer goods,

  • remained stable for non-durable consumer goods.

In the EU, industrial production

  • decreased by 1.9% for intermediate goods,

  • decreased by 0.8% for energy,

  • decreased by 2.6% for capital goods,

  • remained stable for durable consumer goods,

  • increased by 0.1% for non-durable consumer goods.

The largest annual decreases were recorded in Croatia (-6.6%), Ireland (-5.6%) and Austria (-5.0%). The highest increases were observed in Malta (+13.5%), Belgium (+8.7%) and Greece (+4.8%).

Tables

Industrial production

% change compared with previous month*

2024

Jun

Jul

Aug

Sep

Oct

Nov

Euro area

Total industry

0.5

-0.4

1.2

-1.6

0.2

0.2

Intermediate goods

0.2

-0.4

0.1

-1.5

0.3

0.5

Energy

1.7

0.1

0.2

-1.0

-1.3

1.1

Capital goods

0.4

-1.2

2.9

-3.7

1.7

0.5

Durable consumer goods

3.9

-3.2

1.8

-0.4

-1.6

1.5

Non-durable consumer goods

-2.0

2.0

-0.3

2.2

-2.4

0.1

EU

Total industry

0.6

-0.3

1.0

-1.5

0.4

0.1

Intermediate goods

0.4

-0.7

0.2

-1.2

0.5

0.4

Energy

1.3

0.0

0.3

-1.3

-0.8

1.3

Capital goods

0.5

-1.3

2.9

-3.1

1.6

0.1

Durable consumer goods

3.3

-2.6

1.4

-0.5

-0.5

1.1

Non-durable consumer goods

-1.4

2.6

-1.0

1.0

-1.3

-0.1

Industrial production

% change compared with previous month*

2024

Jun

Jul

Aug

Sep

Oct

Nov

Euro area

0.5

-0.4

1.2

-1.6

0.2

0.2

EU

0.6

-0.3

1.0

-1.5

0.4

0.1

Belgium

-6.8

6.4

0.0

0.3

-4.9

8.7

Bulgaria

0.1

0.6

0.9

1.3

-0.9

0.0

Czechia

0.9

-0.8

1.8

-0.5

-0.6

-1.6

Denmark

0.6

7.9

-5.4

-5.1

5.5

-3.3

Germany

2.0

-3.2

3.2

-2.5

-0.4

1.3

Estonia

-3.5

-4.7

1.7

1.0

1.4

2.8

Ireland

-1.6

6.8

0.4

-6.3

5.0

-5.8

Greece

1.7

2.0

-4.3

-2.7

0.8

2.7

Spain

0.4

-0.6

-0.4

1.0

0.9

-1.5

France

0.9

0.2

1.0

-0.8

-0.3

0.2

Croatia

-2.4

6.2

-4.6

5.8

-3.9

-2.4

Italy

0.5

-0.9

0.0

-0.3

0.1

0.3

Cyprus

1.4

-1.8

-0.6

0.2

0.9

-2.6

Latvia

-2.3

1.2

1.3

-1.3

0.5

-0.3

Lithuania

-1.9

1.3

3.0

0.3

-6.5

4.3

Luxembourg

-1.7

0.3

-6.1

6.1

0.4

-3.9

Hungary

0.6

0.0

-0.4

-0.7

2.0

-1.6

Malta

1.0

-4.4

2.0

4.2

-1.0

7.1

Netherlands

0.4

-0.9

1.8

-2.4

0.4

1.5

Austria

0.9

0.5

-0.5

-1.0

-1.4

-0.4

Poland

1.2

-0.4

-0.8

-0.5

3.5

-1.4

Portugal

-3.7

-0.4

-0.3

3.0

3.4

-3.4

Romania

3.8

-3.2

1.3

0.0

0.4

-0.6

Slovenia

4.2

-2.8

-0.1

1.7

2.5

-1.4

Slovakia

2.1

-2.9

1.5

1.3

0.8

-1.3

Finland

3.8

1.6

-0.9

-1.5

0.4

1.4

Sweden

-1.2

0.9

1.5

0.9

-1.3

1.7

Norway

7.2

-5.0

-1.6

-11.2

9.8

0.1

Switzerland

-0.6

4.0

-6.3

0.5

:

:

Industrial production

% change compared with same month of the previous year*

2024

Jun

Jul

Aug

Sep

Oct

Nov

Euro area

Total industry

-3.9

-2.2

-0.4

-2.1

-1.1

-1.9

Intermediate goods

-5.7

-4.4

-2.7

-4.2

-3.3

-2.5

Energy

1.7

0.9

2.2

2.1

-0.5

-1.3

Capital goods

-6.6

-3.6

-0.4

-5.8

-1.8

-2.8

Durable consumer goods

-2.6

-4.8

-5.4

-3.1

-4.2

-1.0

Non-durable consumer goods

1.0

2.4

1.7

5.6

3.7

0.0

EU

Total industry

-3.3

-1.6

-0.1

-1.7

-0.6

-1.7

Intermediate goods

-4.8

-4.1

-2.4

-3.6

-2.9

-1.9

Energy

2.2

1.1

2.2

1.5

-1.0

-0.8

Capital goods

-6.2

-4.0

-0.4

-5.1

-1.7

-2.6

Durable consumer goods

-2.2

-4.2

-4.5

-2.7

-2.6

0.0

Non-durable consumer goods

1.6

4.3

2.9

5.1

4.0

0.1

Industrial production

% change compared with same month of the previous year*

2024

Jun

Jul

Aug

Sep

Oct

Nov

Euro area

-3.9

-2.2

-0.4

-2.1

-1.1

-1.9

EU

-3.3

-1.6

-0.1

-1.7

-0.6

-1.7

Belgium

-5.4

0.1

4.2

5.5

-6.0

8.7

Bulgaria

-4.9

-2.6

-3.0

1.2

-1.5

2.8

Czechia

-3.3

-2.1

1.7

1.7

-2.1

-2.7

Denmark

3.2

20.9

12.9

6.2

9.0

-1.0

Germany

-4.0

-5.9

-2.8

-4.3

-4.5

-3.3

Estonia

-3.2

-5.8

-6.0

-1.6

0.0

-0.1

Ireland

-16.7

7.3

11.2

-0.6

15.1

-5.6

Greece

9.8

10.5

3.8

2.5

-2.7

4.8

Spain

0.4

-0.9

-1.5

0.7

3.1

-0.8

France

-1.3

-1.2

0.8

-0.8

-1.0

-1.1

Croatia

-8.2

1.6

-2.1

1.0

-2.0

-6.6

Italy

-2.6

-3.3

-3.2

-3.9

-3.5

-1.5

Cyprus

6.8

2.3

1.4

0.4

2.8

-3.0

Latvia

-5.5

1.7

0.6

-2.0

-1.9

-3.0

Lithuania

0.6

5.4

5.0

4.6

0.3

4.1

Luxembourg

-1.9

-1.5

-10.0

0.4

-0.7

-3.9

Hungary

-3.7

-6.6

-4.2

-5.4

-3.1

-2.9

Malta

7.3

-0.4

2.1

5.7

6.2

13.5

Netherlands

-3.5

-3.1

0.8

-1.9

-0.4

1.5

Austria

-3.6

-2.0

-2.8

-3.5

-4.6

-5.0

Poland

1.1

1.3

-0.5

-1.3

3.0

0.9

Portugal

-2.9

-3.0

-1.9

2.5

3.9

-2.2

Romania

0.4

-4.0

-2.0

-3.8

-1.0

-1.5

Slovenia

-1.2

-1.6

6.1

-0.3

3.6

-0.7

Slovakia

-4.2

5.4

1.0

2.5

1.3

0.1

Finland

2.9

5.9

2.6

0.5

0.7

3.1

Sweden

1.4

-2.4

-1.0

1.9

-1.8

0.8

Norway

14.9

10.0

5.9

-0.5

2.1

0.4

Switzerland

6.0

10.8

-0.4

-0.8

:

:

Production indices for total industry, calendar and seasonally adjusted

(base year 2021)

2024

Jun

Jul

Aug

Sep

Oct

Nov

Euro area

97.0

96.6

97.8

96.2

96.4

96.6

EU

98.6

98.3

99.3

97.8

98.2

98.3

Belgium

86.5

92.0

92.0

92.3

87.8

95.4

Bulgaria

99.2

99.8

100.7

102.0

101.1

101.1

Czechia

99.2

98.4

100.2

99.7

99.1

97.5

Denmark

131.4

141.8

134.2

127.4

134.4

129.9

Germany

93.6

90.6

93.5

91.2

90.8

92.0

Estonia

85.6

81.6

83.0

83.8

85.0

87.4

Ireland

101.3

108.2

108.6

101.8

106.9

100.7

Greece

112.7

115.0

110.0

107.0

107.9

110.8

Spain

101.0

100.5

100.1

101.1

102.0

100.5

France

100.0

100.2

101.2

100.4

100.1

100.3

Croatia

96.0

102.0

97.3

102.9

98.9

96.5

Italy

95.4

94.5

94.5

94.2

94.3

94.6

Cyprus

109.1

107.1

106.5

106.7

107.7

104.9

Latvia

92.6

93.7

94.9

93.7

94.2

93.9

Lithuania

104.1

105.5

108.7

109.0

101.9

106.3

Luxembourg

90.1

90.4

84.9

90.0

90.5

87.0

Hungary

96.5

96.5

96.1

95.4

97.3

95.7

Malta

113.0

108.0

110.2

114.8

113.7

121.8

Netherlands

101.2

100.3

102.1

99.6

100.0

101.5

Austria

101.5

102.0

101.5

100.5

99.1

98.7

Poland

110.7

110.3

109.4

108.9

112.7

111.1

Portugal

94.7

94.3

94.0

96.8

100.1

96.7

Romania

98.4

95.3

96.5

96.5

96.9

96.3

Slovenia

96.1

93.4

93.3

94.9

97.3

95.9

Slovakia

100.0

97.1

98.6

99.9

100.7

99.4

Finland

102.3

103.9

103.0

101.5

101.9

103.3

Sweden

99.3

100.2

101.7

102.6

101.3

103.0

Norway

113.0

107.4

105.7

93.9

103.1

103.2

Switzerland

111.2

115.6

108.3

108.8

:

:

Production indices for total industry, calendar adjusted

(base year 2021)

2024

Jun

Jul

Aug

Sep

Oct

Nov

Euro area

99.1

97.9

83.0

101.4

101.9

103.2

EU

100.7

98.0

85.4

102.6

103.9

104.6

Belgium

90.7

86.2

84.0

97.0

93.5

97.0

Bulgaria

101.3

103.1

98.6

102.7

106.0

105.3

Czechia

104.2

88.0

93.6

103.3

105.2

105.7

Denmark

133.0

129.8

131.0

130.1

136.4

132.3

Germany

95.2

90.4

86.0

95.4

93.3

98.4

Estonia

85.9

72.5

81.1

86.2

90.6

91.0

Ireland

92.6

111.7

94.0

124.3

124.6

125.6

Greece

117.5

128.4

104.2

109.0

106.4

107.9

Spain

105.9

104.9

77.7

104.3

108.3

105.2

France

104.0

98.6

79.7

101.6

105.1

104.2

Croatia

98.0

109.0

84.6

106.2

106.5

100.1

Italy

99.7

103.8

64.0

99.7

102.5

99.0

Cyprus

116.9

121.5

89.6

112.9

110.8

103.4

Latvia

96.3

93.7

99.6

96.0

101.1

102.7

Lithuania

104.2

101.8

108.4

111.7

107.3

109.9

Luxembourg

92.2

89.2

71.3

91.9

95.9

89.1

Hungary

100.2

95.2

84.7

103.2

102.7

100.8

Malta

117.9

113.8

104.1

120.4

119.0

124.5

Netherlands

104.4

98.5

93.3

100.8

103.0

104.9

Austria

105.2

101.9

90.4

105.0

103.2

104.1

Poland

111.7

105.5

102.2

111.4

120.0

115.5

Portugal

94.9

100.7

79.4

98.3

101.6

100.7

Romania

100.5

96.4

88.0

98.7

101.9

101.0

Slovenia

100.9

93.5

78.2

98.1

102.7

100.6

Slovakia

101.0

88.5

90.7

100.3

109.8

105.9

Finland

103.9

91.4

100.5

104.4

106.3

107.1

Sweden

103.0

78.3

86.8

105.7

108.2

109.5

Norway

102.4

106.4

105.9

81.9

106.5

107.5

Switzerland

118.3

113.0

99.5

108.6

:

:

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