Eurozone industrial production declined unexpectedly in May largely due to a fall in energy output, data from Eurostat showed Tuesday.
Industrial production was down 0.4 percent month-on-month in May after staying flat in April. It was forecast to rise 0.2 percent in May.
However, annual growth in industrial output accelerated to 1.6 percent from 0.9 percent a month ago. But it was slower than a 2 percent rise forecast by economists.
On a monthly basis, energy output declined 3.2 percent and non-durable consumer goods slid 1.4 percent. Production of capital goods and durable consumer goods advanced 1 percent and 0.4 percent, respectively. Intermediate goods output edged up 0.1 percent.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.