Eurozone industrial production declined for the first time in four months in July driven by the deterioration in capital goods and durable consumer goods output, data from Eurostat showed on Wednesday.
Industrial output fell 1.1 percent on a monthly basis in July, in contrast to the 0.4 percent rise in June.
This was the first fall since April and also the biggest decline since March, when output was down 4.5 percent. Moreover, the rate was bigger than the expected 0.7 percent decline.
The monthly fall in production reflects a 2.7 percent decrease in capital goods output and a 2.2 percent fall in durable consumer goods output. Partially offsetting these declines, energy output grew 1.6 percent and intermediate goods output rose 0.2 percent. Output of non-durable consumer goods moved up 0.4 percent.
On a yearly basis, the decline in industrial output accelerated to 2.2 percent in July from 1.1 percent in June.
Industrial production in the EU27 posted a monthly fall of 1.1 percent in July, taking the annual fall to 2.4 percent, data showed.
Among the member states of EU, Denmark, Ireland and Lithuania showed the largest monthly decreases. Meanwhile, the highest increases were observed in Sweden, Malta and Hungary.
Capital Economics' economist Bradley Saunders said industrial production will continue to do so over the remainder of the year in the face of weakening demand. The economist said weak industrial production will help to push the euro area into a recession later this 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.
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.