Euro Area EUR

Euro Area Industrial Production MoM

Info

History

Chart

Impact:

Medium

Source: EUROSTAT

Latest Release:

Date:

Big Surprise:

0.8%

EUR

Actual:

2.6%

Forecast: 1.8%

Previous/Revision:

1.1%

Period: Mar

Next Release:

Date:

Forecast: -1.8%

Period: Apr

What Does It Measure?

Euro Area Industrial Production measures the change in the output of the industrial sector, including manufacturing, mining, and utilities, over time. This indicator primarily focuses on production levels and assesses economic performance relative to prior periods, providing insights into trends in productivity and economic growth, with a key threshold of 50 indicating expansion or contraction.

Frequency

This report is released monthly, typically on the second working day of the month, presenting both preliminary and final figures for the previous month.

Why Do Traders Care?

Traders closely monitor Euro Area Industrial Production as it serves as a timely gauge of economic health within the Eurozone, influencing market expectations regarding growth and performance. Higher-than-expected production levels generally bolster the Euro (EUR) and stock markets, while lower figures can lead to bearish sentiment for both currencies and equities.

What Is It Derived From?

The industrial production figures are derived from output data collected from various industries within the Euro Area, involving surveys from manufacturers and utilities, alongside statistical modeling techniques. It uses a combination of direct production data and estimates to compile a comprehensive view of industrial activity.

Description

Preliminary reports of industrial production provide an early indication of sector performance based on initial estimates, while final reports offer a more accurate, revised picture that reflects more complete data, with the markets often reacting more sharply to the preliminary figures due to their immediacy. The month-over-month (MoM) comparison is utilized to highlight short-term fluctuations, allowing traders to identify immediate trends and shifts in the industrial landscape.

Additional Notes

Euro Area Industrial Production is often considered a coincident economic indicator as it moves in tandem with overall economic activity. It holds significance not just for the Eurozone but acts as a barometer for trends in global industrial output, influencing perceptions of economic momentum in other regions.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for Euro (EUR), Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
May 15, 2025	2.6%	1.8%	1.1%	0.8%
Apr 15, 2025	1.1%	0.3%	0.6%	0.8%
Mar 13, 2025	0.8%	0.6%	-0.4%	0.2%
Feb 13, 2025	-1.1%	-0.6%	0.4%	-0.5%
Jan 15, 2025	0.2%	0.3%	0.2%	-0.1%
Dec 13, 2024	0%	-0.1%	-1.5%	0.1%
Nov 14, 2024	-2%	-1.4%	1.5%	-0.6%
Oct 15, 2024	1.8%	1.7%	-0.5%	0.1%
Sep 13, 2024	-0.3%	-0.3%	0%
Aug 14, 2024	-0.1%	0.5%	-0.9%	-0.6%
Jul 15, 2024	-0.6%	-1%	0%	0.4%
Jun 13, 2024	-0.1%	0.2%	0.5%	-0.3%
May 15, 2024	0.6%	0.5%	1%	0.1%
Apr 15, 2024	0.8%	0.8%	-3%
Mar 13, 2024	-3.2%	-1.5%	1.6%	-1.7%
Feb 14, 2024	2.6%	-0.2%	0.4%	2.8%
Jan 15, 2024	-0.3%	-0.3%	-0.7%
Dec 13, 2023	-0.7%	-0.3%	-1%	-0.4%
Nov 15, 2023	-1.1%	-1%	0.6%	-0.1%
Oct 13, 2023	0.6%	0.1%	-1.3%	0.5%
Sep 13, 2023	-1.1%	-0.7%	0.4%	-0.4%
Aug 16, 2023	0.5%	-0.1%	0%	0.6%
Jul 13, 2023	0.2%	0.3%	1%	-0.1%
Jun 14, 2023	1%	0.8%	-3.8%	0.2%
May 15, 2023	-4.1%	-2.5%	1.5%	-1.6%
Apr 13, 2023	1.5%	1%	1%	0.5%
Mar 15, 2023	0.7%	0.4%	-1.3%	0.3%
Feb 15, 2023	-1.1%	-0.8%	1.4%	-0.3%
Jan 13, 2023	1%	0.5%	-1.9%	0.5%
Dec 14, 2022	-2%	-1.5%	0.8%	-0.5%
Nov 14, 2022	0.9%	0.3%	2%	0.6%
Oct 12, 2022	1.5%	0.6%	-2.3%	0.9%
Sep 14, 2022	-2.3%	-1%	1.1%	-1.3%
Aug 12, 2022	0.7%	0.2%	2.1%	0.5%
Jul 13, 2022	0.8%	0.3%	0.5%	0.5%
Jun 15, 2022	0.4%	0.5%	-1.4%	-0.1%
May 13, 2022	-1.8%	-2%	0.5%	0.2%
Apr 20, 2022	0.7%	0.7%	-0.7%
Mar 15, 2022	0%	0.1%	1.3%	-0.1%
Feb 16, 2022	1.2%	0.3%	2.4%	0.9%
Jan 12, 2022	2.3%	0.5%	-1.3%	1.8%
Dec 14, 2021	1.1%	1.2%	-0.2%	-0.1%
Nov 12, 2021	-0.2%	-0.5%	-1.7%	0.3%
Oct 13, 2021	-1.6%	-1.6%	1.4%
Sep 15, 2021	1.5%	0.6%	-0.1%	0.9%
Aug 12, 2021	-0.3%	-0.2%	-1.1%	-0.1%
Jul 14, 2021	-1%	-0.2%	0.6%	-0.8%
Jun 14, 2021	0.8%	0.4%	0.4%	0.4%
May 12, 2021	0.1%	0.7%	-1.2%	-0.6%
Apr 14, 2021	-1%	-1.1%	0.8%	0.1%
Mar 12, 2021	0.8%	0.2%	-0.1%	0.6%
Feb 15, 2021	-1.6%	-1%	2.6%	-0.6%
Jan 13, 2021	2.5%	0.2%	2.3%	2.3%
Dec 14, 2020	2.1%	2%	0.1%	0.1%
Nov 12, 2020	-0.4%	0.7%	0.6%	-1.1%
Oct 14, 2020	0.7%	0.8%	5%	-0.1%
Sep 14, 2020	4.1%	4%	9.5%	0.1%
Aug 12, 2020	9.1%	10%	12.3%	-0.9%
Jul 14, 2020	12.4%	15%	-18.2%	-2.6%
Jun 12, 2020	-17.1%	-20%	-11.9%	2.9%
May 13, 2020	-11.3%	-12.1%	-0.1%	0.8%
Apr 16, 2020	-0.1%	-0.2%	2.3%	0.1%
Mar 12, 2020	2.3%	1.4%	-1.8%	0.9%
Feb 12, 2020	-2.1%	-1.6%	0%	-0.5%
Jan 15, 2020	0.2%	0.3%	-0.9%	-0.1%
Dec 12, 2019	-0.5%	-0.5%	-0.1%
Nov 13, 2019	0.1%	-0.3%	0.4%	0.4%
Oct 14, 2019	0.4%	0.3%	-0.4%	0.1%
Sep 12, 2019	-0.4%	-0.1%	-1.4%	-0.3%
Aug 14, 2019	-1.6%	-1.4%	0.8%	-0.2%
Jul 12, 2019	0.9%	0.2%	-0.4%	0.7%
Jun 13, 2019	-0.5%	-0.5%	-0.4%
May 14, 2019	-0.3%	-0.3%	-0.1%
Apr 12, 2019	-0.2%	-0.6%	1.9%	0.4%
Mar 13, 2019	1.4%	1%	-0.9%	0.4%
Feb 13, 2019	-0.9%	-0.4%	-1.7%	-0.5%
Jan 14, 2019	-1.7%	-1.5%	0.1%	-0.2%
Dec 12, 2018	0.2%	0.2%	-0.6%
Nov 14, 2018	-0.3%	-0.4%	1.1%	0.1%
Oct 12, 2018	1%	0.4%	-0.7%	0.6%
Sep 12, 2018	-0.8%	-0.5%	-0.8%	-0.3%
Aug 14, 2018	-0.7%	-0.4%	1.4%	-0.3%
Jul 12, 2018	1.3%	1.2%	-0.8%	0.1%
Jun 13, 2018	-0.9%	-0.5%	0.6%	-0.4%
May 15, 2018	0.5%	0.7%	-0.9%	-0.2%
Apr 12, 2018	-0.8%	0.1%	-0.6%	-0.9%
Mar 14, 2018	-1%	-0.4%	0.4%	-0.6%
Feb 14, 2018	0.4%	0.2%	1.3%	0.2%
Jan 11, 2018	1%	0.8%	0.4%	0.2%
Dec 13, 2017	0.2%	0%	-0.5%	0.2%
Nov 14, 2017	-0.6%	-0.6%	1.4%
Oct 12, 2017	1.4%	0.5%	0.3%	0.9%
Sep 13, 2017	0.1%	0.1%	-0.6%
Aug 14, 2017	-0.6%	-0.5%	1.2%	-0.1%
Jul 12, 2017	1.3%	1.1%	0.3%	0.2%
Jun 14, 2017	0.5%	0.5%	0.2%
May 12, 2017	-0.1%	0.3%	-0.1%	-0.4%
Apr 11, 2017	-0.3%	0.1%	0.3%	-0.4%
Mar 14, 2017	0.9%	1.3%	-1.2%	-0.4%
Feb 14, 2017	-1.6%	-1.5%	1.5%	-0.1%
Jan 12, 2017	1.5%	0.5%	0.1%	1%
Dec 14, 2016	-0.1%	0.2%	-0.9%	-0.3%
Nov 14, 2016	-0.8%	-1%	1.8%	0.2%
Oct 12, 2016	1.6%	1.5%	-0.7%	0.1%
Sep 14, 2016	-1.1%	-0.9%	0.8%	-0.2%
Aug 12, 2016	0.6%	0.5%	-1.2%	0.1%
Jul 13, 2016	-1.2%	-0.8%	1.4%	-0.4%
Jun 14, 2016	1.1%	0.8%	-0.7%	0.3%
May 12, 2016	-0.8%	0%	-1.2%	-0.8%
Apr 13, 2016	-0.8%	-0.7%	1.9%	-0.1%
Mar 14, 2016	2.1%	1.7%	-0.5%	0.4%
Feb 12, 2016	-1%	0.3%	-0.5%	-1.3%
Jan 13, 2016	-0.7%	-0.3%	0.8%	-0.4%
Dec 14, 2015	0.6%	0.3%	-0.3%	0.3%
Nov 12, 2015	-0.3%	-0.1%	-0.4%	-0.2%
Oct 14, 2015	-0.5%	-0.5%	0.8%
Sep 14, 2015	0.6%	0.3%	-0.3%	0.3%
Aug 12, 2015	-0.4%	-0.2%	-0.2%	-0.2%
Jul 14, 2015	-0.4%	0.2%	0.1%	-0.6%
Jun 12, 2015	0.1%	0.3%	-0.4%	-0.2%
May 13, 2015	-0.3%	0%	1%	-0.3%