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Photo – Industrial production in the EU rose by 0.8% m/m in September shutterstock.com
Industrial production

Growth in the eurozone was more modest, at 0.2% m/m

In September 2025, industrial production in the European Union, adjusted for seasonal fluctuations, increased by 0.8% compared to August. In the eurozone countries, growth was 0.2% month-on-month, according to preliminary data from Eurostat.

The figures also rose in annual terms. In September, industrial production in the EU was 2.0% higher y/y, and in the eurozone – 1.2% y/y.

Among the main industrial groups in the eurozone, growth was recorded in September for energy (+1.2% m/m), capital goods (+0.3%), and intermediate goods (+0.3%). At the same time, there was a decline in the production of durable consumer goods (-0.5%) and non-durable consumer goods (-2.6%).

In the EU, growth was recorded in energy production (+0.9% m/m), capital goods (+0.4%), intermediate goods (+0.4%) and durable consumer goods (+0.1%), while non-durable consumer goods declined by 0.4% m/m.

Among EU member states, the highest monthly growth in industrial production was recorded in Denmark (+7.2%), Sweden (+5.3%), and Greece (+4.8%). The largest declines were observed in Ireland (-9.4%), Luxembourg (-5.7%) and Malta (-1.7%).

In annual terms, Sweden (+14.7%), Denmark (+9.5%), and Greece (+7.1%) were the leaders in growth. The largest declines were recorded in Bulgaria (-5.6%), Luxembourg (-3.4%), and Lithuania (-2.3%).

As GMK Center reported earlier, in Q1 2025, the EU steel market showed mixed dynamics. Real steel consumption declined for the eleventh consecutive quarter, by 5.5% year-on-year, after falling by 7.6% in Q4 2024. At the same time, apparent steel consumption grew by 2.2% y-o-y, which was the second consecutive quarter of positive dynamics after a 0.5% increase at the end of 2024.