Industrial production in the EU decreased by 1% m/m in August

In August 2025, industrial production in the European Union, adjusted for seasonal fluctuations, fell by 1% compared to July. In the eurozone countries, the decline was deeper, amounting to 1.2% month-on-month, according to preliminary data from Eurostat.

On an annual basis, the indicator shows growth. In August, industrial production in the EU and the eurozone was 1.1% higher than in August 2024.

Among the main industrial groups in the eurozone, August saw a decline in capital goods (equipment, machinery, transport vehicles) by 2.2% m/m, durable consumer goods (household appliances, furniture, household cars) by 1.6% m/m, energy (production of electricity, gas, heat, petroleum products) – by 0.6% m/m, and intermediate goods (semi-finished products, chemicals, materials for further processing) – by 0.2% m/m.

The situation was similar in the EU, with the largest decline observed in the production of capital goods (-1.6% m/m) and durable consumer goods (-1.1% m/m), while the output of intermediate goods remained stable.

Among EU member states, the largest monthly declines were recorded in Germany (-5.2%), Greece (-4.5%), and Austria (-3.1%). The highest growth was recorded in Ireland (+9.8%), Luxembourg (+4.8%), and Sweden (+3.6%).

In annual terms, Ireland (+28.6%), Luxembourg (+9.5%), and Sweden (+8.3%) were the leaders in growth. Bulgaria (-8.6%), Slovakia (-6.3%), and Denmark (-5%) showed the largest declines.

As reported by GMK Center, 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, following a 7.6% decline 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.