CdM | Eurozone industrial production fell by 1.4% in December on a monthly basis, below the 1.5% decline expected by consensus, according to the first estimate published by Eurostat on Monday. Across the European Union as a whole, the decline was 0.8%.
Compared to November, when production had grown by 0.3% in the eurozone, the data confirms a deterioration at the end of the year. In addition, the previous figures have been revised: November’s monthly increase was corrected to 0.3% from the 0.7% initially published, while the year-on-year rate was revised to 2.2% from 2.5%.
In year-on-year terms, industrial production rose by 1.2% in the eurozone and 1.4% in the EU in December, slightly below the 1.3% anticipated by the market for the eurozone.
By component, monthly production in the eurozone fell in intermediate goods (down 0.1%), energy (0.3%), capital goods (1.9%) and non-durable consumer goods (0.3%), while only durable consumer goods rebounded (up 0.2%). In the EU, energy (down 0.4%) and capital goods (1.4%) also declined, although intermediate goods (up 0.1%) and both durable (0.5%) and non-durable (0.6%) goods increased.
Among the Member States, the largest monthly declines were recorded in Slovakia (down 4.9%), Germany (2.9%) and Spain (2.6%), while the largest increases were in Luxembourg (up 6.4%), Sweden (4.4%) and Malta (4.2%).
For 2025 as a whole, average annual industrial production grew by 1.5% in both the Eurozone and the European Union compared to 2024.
