Production: Industry: Total industry: Total industry excluding construction for the European Union
Index 2015=100, Quarterly, Not Seasonally Adjusted
EU28PRINTO01IXEBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.80
Year-over-Year Change
0.91%
Date Range
7/1/1975 - 10/1/2019
Summary
This economic index measures manufacturing production output in the European Union, with a base year of 2015. It provides insights into the overall health and trends of the EU's industrial sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Index of Production (2015=100) for the EU28 measures the volume of output from the manufacturing sector. It is a key indicator used by economists and policymakers to assess industrial activity and economic growth within the European Union.
Methodology
The index is calculated based on survey data collected from manufacturing companies across the EU member states.
Historical Context
This production index is closely monitored by the European Central Bank and other institutions to inform economic policy decisions.
Key Facts
- Base year for the index is 2015.
- Measures production volume, not just value.
- Covers the entire EU28 member states.
FAQs
Q: What does this economic trend measure?
A: The Index of Production (2015=100) for the EU28 measures the volume of output from the manufacturing sector across the European Union.
Q: Why is this trend relevant for users or analysts?
A: This production index is a key indicator used by economists and policymakers to assess the health and trends of industrial activity within the European economy.
Q: How is this data collected or calculated?
A: The index is calculated based on survey data collected from manufacturing companies across the EU member states.
Q: How is this trend used in economic policy?
A: The EU production index is closely monitored by the European Central Bank and other institutions to inform their economic policy decisions.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting from individual EU member states, but the index is published on a quarterly basis.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly, Not Seasonally Adjusted (EU28PRINTO01IXEBSAQ), retrieved from FRED.