Industrial production in the EU declined by 1.8% m/m in April

In April 2025, seasonally adjusted industrial production in the European Union (EU) fell by 1.8% compared to the previous month. In the euro area, the figure decreased by 2.4% m/m. This is evidenced by preliminary data from Eurostat.

Compared to April 2024, industrial production in the euro area increased by 0.8%, and in the EU – by 0.6%.

Among the EU member states, the highest monthly decline was recorded in Ireland (-15.2%), Malta (-6.2%) and Lithuania (-3.0%). The largest growth was observed in Denmark (+3.5%), Luxembourg (+3.2%), Croatia and Sweden (+2.5% in both countries).

On an annualized basis, industrial production in April 2025 increased the most in Ireland (+18.4%), Finland (+10.2%) and Croatia (+6.5%). The largest decrease was observed in Denmark (-11.6%), Bulgaria (-10.5%) and Slovenia (-4.6%).

Energy production in the euro area in April fell by 1.6% m/m and 0.1% y/y. In the EU, energy production in the period decreased by 0.4% m/m and 0.6% y/y.

According to the revised data, in March, industrial production in the euro area increased by 2.4% m/m and 3.7% y/y, and in the EU – by 1.9% m/m and 2.8% y/y.

As GMK Center reported earlier, the European Steel Association (EUROFER) expects steel consumption in the EU to decline for the fourth consecutive year. Both real and apparent steel consumption in the EU will decline again – by 3.3% y/y and 0.9% y/y, respectively. The market is not expected to recover until 2026.