According to the latest first estimates from Eurostat, seasonally adjusted industrial production remained unchanged in the euro area and increased by +0.2% across the EU in June 2026, compared with May. This follows growth of +0.3% in both the euro area and the EU in May. On an annual basis, industrial production in June was +0.1% higher in the euro area and +0.6% higher in the EU compared with June 2025.
As monthly industrial production figures can be volatile, three-month-on-three-month comparisons provide a clearer indication of the underlying trend. Between April to June 2026 and January to March 2026, total industrial production increased by +0.9% in the EU and +1.1% in the euro area.
Manufacturing accounts for the largest share of Eurostat’s industrial production index, although the overall index also includes mining, energy and utilities, making direct comparisons with UK manufacturing data less straightforward. Capital goods provide a useful basis for comparison, given their relevance to the wider machinery and industrial equipment market. Capital goods output fell by -1.4% in the euro area and -0.9% in the EU in June, compared with May. However, the annual picture remained slightly positive, with capital goods output +0.1% higher in the euro area and +0.9% higher in the EU than a year earlier.
Looking at total industrial production on an annual basis, 14 of the 26 EU Member States for which June data are available recorded growth, while 12 recorded declines. Belgium has not reported industrial production data since March 2026. The strongest increases were recorded in Lithuania (+7.7%), Denmark (+6.1%) and Poland (+4.9%), while the largest decreases were observed in Luxembourg (-7.9%), Romania (-5.6%) and Estonia (-4.6%).
Overall, the European industrial picture remains modestly positive on an annual and quarterly basis, but with considerable variation between countries and a recent weakening in capital goods production. The latter is particularly relevant to MTA members, given the importance of capital goods investment to demand for machine tools and other industrial equipment. You can get the full details from the Eurostat News Release which can be downloaded from their website at https://ec.europa.eu/eurostat/news/euro-indicators (13 August) or requested from MTA.