Industrial production in the euro area unexpectedly increased in February, helped by a marked increase in energy production, data released by statistical office Eurostat showed Thursday.
Industrial production moved up 0.5 percent on a monthly basis in February, after remaining flat in the previous month. Economists were looking for a 0.2 percent decrease. Production in the 27-member European Union edged up 0.2 percent month-on-month during the month.
Energy production climbed 7.7 percent sequentially in February, while capital goods production moved up 0.7 percent. Meanwhile, production of durable consumer goods and non-durable consumer goods decreased 2 percent and 1.6 percent respectively during the month. There was a 1.4 percent monthly fall in intermediate goods production.
On an annual basis, industrial output dropped 1.8 percent in February, in line with economists' expectations. In January, production decreased 1.7 percent year-on-year.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.