In January 2024, compared with December 2023, seasonally adjusted industrial production decreased by 3.2% in the euro area and by 2.1% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In December 2023, industrial production grew by 1.6% in both the euro area and the EU.
In January 2024, compared with January 2023, industrial production decreased by 6.7% in the euro area and by 5.7% in the EU.
Aug-23 | Sep-23 | Oct-23 | Nov-23 | Dec-23 | Jan-24 | |
|---|---|---|---|---|---|---|
Euro area | ||||||
Total industry | 0.2 | -0.6 | -0.5 | 0.4 | 1.6 | -3.2 |
Intermediate goods | -0.6 | 0.0 | -0.5 | -0.7 | -1.4 | 2.6 |
Energy | -0.1 | -1.6 | 1.0 | 2.3 | 0.8 | 0.5 |
Capital goods | 0.1 | 0.2 | -0.9 | 0.5 | 11.3 | -14.5 |
Durable consumer goods | 0.7 | -2.0 | -0.3 | -2.0 | 1.0 | -1.2 |
Non-durable consumer goods | 0.6 | -0.7 | 1.4 | 3.1 | -2.2 | -0.3 |
Monthly comparison by main industrial grouping and by Member State
In the euro area in January 2024, compared with December 2023, industrial production
increased by 2.6% for intermediate goods,
increased by 0.5% for energy,
decreased by 14.5% for capital goods,
decreased by 1.2% for durable consumer goods,
decreased by 0.3% for non-durable consumer goods.
In the EU, industrial production
increased by 2.9% for intermediate goods,
increased by 0.6% for energy,
decreased by 12.8% for capital goods,
decreased by 0.1% for durable consumer goods,
decreased by 0.5% for non-durable consumer goods.
Among Member States for which data are available, the largest monthly decreases were recorded in Ireland (-29.0%), Malta (-9.4%) and Estonia (-6.6%). The highest increases were observed in Poland (+13.3%), Slovenia (+10.6%) and Lithuania (+7.2%).
