Eurozone industrial production falls more than expected

Eurozone industrial production in 2024/5 fell 0.6% from the previous month, which was lower than the 1% decline expected by the market.

Production of intermediate goods (down 1%, April: down 0.3%), capital goods (down 1.2%, down 0.7%), and durable consumer goods (down 1.8%, down 0.4%) declined.

In contrast, energy (down 0.8%, down 0.2%) recovered, and non-durable consumer goods (up 1.6%, up 3.6%) continued to increase.

Compared to the same month last year, it was revised upward from a 3.1% decrease in April, and there was a 2.9% decrease in May.

Source: Eurostat