Industrial production in the EU rose by 0.3% m/m in October

Growth was stronger in the eurozone, at 0.8% m/m

In October 2025, industrial production in the European Union, adjusted for seasonal fluctuations, increased by 0.3% compared to September, while in the eurozone countries, the increase was 0.8% month-on-month. This is evidenced by preliminary data from Eurostat.

The annual dynamics also remained positive. In October, industrial production in the EU exceeded the level of the same month last year by 1.9%, and in the eurozone by 2.0% y/y.

Among the main industrial groups in the eurozone in October, growth was recorded in the energy (+1.1% m/m), capital goods (+0.5%), intermediate goods (+0.3%), durable (+2.0%) and non-durable consumer goods (+1.2%) segments.

In the EU as a whole, industrial production grew in energy (+1.0% m/m), capital goods (+0.5%), intermediate goods (+0.3%), and durable consumer goods (+1.8%), while the output of non-durable consumer goods declined by 0.3% m/m.

Among EU member states, the highest monthly growth in industrial production was recorded in Ireland (+4.0%), Luxembourg (+3.6%), and Croatia (+3.1%). The largest declines were observed in Sweden (-6.5%), Belgium (-3.4%) and Denmark (-3.2%).

In annual terms, Ireland and Latvia (+8.7%), Greece (+6.9%) and Sweden (+5.7%) were the leaders in growth. Bulgaria (-7.6%), Slovakia (-3.7%) and Hungary (-2.6%) showed the worst dynamics.

As GMK Center reported earlier, in Q1 2025, the EU steel market showed mixed dynamics. Real steel consumption declined for the 11th consecutive quarter, by 5.5% year-on-year, following a 7.6% drop 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.