Euro Area Industrial Production: May 2025
Euro area industrial production rose 1.7% MoM (vs 0.9% MoM expected) and 3.7% YoY in May 2025, rebounding after a sharp -2.2% MoM decline in April. EU-wide production rose 1.5% MoM and 3.4% YoY.
- Output rose for non-durable goods (+8.5% MoM), energy (+3.7% MoM), and capital goods (+2.7% MoM), but fell for durable goods (-1.9% MoM) and intermediate goods (-1.7% MoM).
- On an annual basis, non-durable goods led with +11.6%, while intermediate goods (-1.8%) and durable goods (-0.1%) declined.
- Ireland saw the largest gains both MoM (+12.4%) and YoY (+40.7%); Belgium posted the sharpest annual drop at -7.3%.
- EU-level trends were similar, with stronger non-durable goods output and weaker intermediate/durable goods.