Euro area industrial output grows in Aug ’24

Industrial production rose by 1.8 per cent in the euro area and by 1.3 per cent in the EU in August 2024, compared to July 2024, as reported by Eurostat.

This marks a recovery following a decline in July 2024, where industrial production fell by 0.5 per cent in the euro area and 0.3 per cent in the EU.

Year-on-year comparisons show a modest increase in industrial production, with the euro area up by 0.1 per cent and the EU by 0.2 per cent in August 2024 compared to the same month in 2023.