Total Industry Production Excluding Construction for the European Union
Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted
PRINTO01EUQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.92
Year-over-Year Change
-169.51%
Date Range
7/1/1976 - 10/1/2019
Summary
This economic trend measures the year-over-year growth rate of industrial production in the Eurozone on a quarterly basis, adjusted for seasonal factors.
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 industrial production growth rate is a key indicator of manufacturing and broader economic activity. Economists and policymakers analyze this data to assess the strength of the Eurozone's industrial sector and broader macroeconomic conditions.
Methodology
The data is collected through surveys of industrial firms and calculated as a percentage change from the same quarter in the previous year.
Historical Context
This trend is widely used by central banks, financial analysts, and policymakers to inform monetary and fiscal policy decisions.
Key Facts
- The Eurozone's industrial production has grown by an average of 2.3% per year over the past decade.
- The sector accounts for approximately 20% of the Eurozone's GDP.
- Manufacturing output contracted sharply during the COVID-19 pandemic but has since rebounded.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of industrial production in the Eurozone on a quarterly basis, adjusted for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The industrial production growth rate is a key indicator of manufacturing and broader economic activity in the Eurozone, providing important insights for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial firms and calculated as a percentage change from the same quarter in the previous year.
Q: How is this trend used in economic policy?
A: This trend is widely used by central banks, financial analysts, and policymakers to inform monetary and fiscal policy decisions in the Eurozone.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of 6-8 weeks after the end of the reference period.
Related Trends
Producer Prices Index: Total Durable Consumer Goods for the European Union
PITGCD01EUM661N
Harmonized Index of Consumer Prices: Recording Media for European Union (28 Countries)
CP0914EU28M086NEST
Gross Domestic Product by Expenditure in Constant Prices: Less: Imports of Goods and Services for the European Union
NAEXKP07EUQ652S
Employed Population: Aged 15 and Over: Females for the European Union
LFEMTTFEEUQ657N
Harmonized Index of Consumer Prices: Wine for Euro Area (19 Countries)
CP0212EZ19M086NEST
Harmonized Index of Consumer Prices: Overall Index Excluding Housing, Water, Electricity, Gas, and Other Fuels for European Union (27 Countries from 2020)
00XHOUEU272020M086NEST
Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted (PRINTO01EUQ659S), retrieved from FRED.