In June 2025, industrial production in the European Union (EU) adjusted for seasonal changes decreased by 1% compared to the previous month. In the eurozone, the indicator fell by 1.3% m/m. These are the preliminary data from Eurostat.
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Compared to June 2024, industrial production in the eurozone increased by 0.2%, and in the EU by 0.5%.
Among EU member states, the highest monthly growth was recorded in Belgium (+5.1%), France and Sweden (both countries +3.8%), and Greece (+3.3%). The biggest decreases were observed in Ireland (-11.3%), Portugal (-3.6%), and Lithuania (-2.8%).
In year-on-year terms, industrial production in June 2025 increased the most in Sweden (+13.4%), Ireland (+10.5%), and Latvia (+7.3%). The biggest decreases were seen in Bulgaria (-8.2%), Hungary (-4.9%), and Slovenia (-4.3%).
Energy production in the eurozone increased by 2.9% m/m and by 4.6% y/y. In the EU, energy production in the same period increased by 2.7% m/m and by 3.5% y/y.
It is worth noting that inflation in the eurozone in July 2025 increased by 2% compared to the same month in 2024. Thus, the indicator stabilized at the June level. Analysts on average expected a slowdown to 1.9%, according to Trading Economics.
As reported by GMK Center, the European Steel Association (EUROFER) expects a decline in steel consumption in the EU for the fourth consecutive year. Both real and apparent steel consumption in the bloc will decrease again – by 3.3% y/y and 0.9% y/y, respectively. Market recovery is not expected before 2026.
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Теги: economic analysis, economic indicators, economic outlook, energy production, Energy sector, EU member states, European Union, Eurostat, Eurozone, growth trends, industrial production, Industrial Sector, inflation rate, Manufacturing, market forecast, Market recovery, production data, Seasonal changes, Steel consumption, Year-on-year comparison