Eurozone industrial production exceeded expectations in February

Eurozone industrial production rose by 1.1 percent in February, the biggest increase since August 2024, compared to the 0.1 percent increase expected in January. Industrial production grew by 0.6 percent in January.

In the EU, industrial production rose by 1.0 percent on a monthly basis in February, after a 0.1 percent increase in January.

Eurozone industrial production rose by 1.2 percent in February compared to a year earlier, while market estimates had expected a 0.8 percent drop after a 0.5 percent decline in January. EU industrial production rose by 0.6 percent in February compared to a year earlier.

The annual growth in industrial production in February ended a 21-month decline.

In February, the production of non-durable consumer goods increased, by 2.8% in the euro area and by 2.7% in the EU.

Compared with January, energy production fell by 0.2%, while durable consumer goods production fell by 0.3% in the euro area in February. In the EU, energy production increased by 0.8% in February, while durable consumer goods production fell by 0.4%.
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