Eurostat reported that seasonally adjusted industrial production (IP) in October increased by +0.3% in the EU and +0.8% in the euro area compared with September. In September 2025, industrial production grew by +1.0% in the EU and +0.2% in the euro area compared to the previous month.
Year-on-year comparisons show a stronger picture: in October 2025, compared with October 2024, industrial production increased by +1.9% in the EU and +2.0% in the euro area.
To reduce monthly volatility, rolling three-month trends provide a clearer picture. For August to October 2025 versus May to July, total IP showed declines of -0.3% in the EU and -0.1% in the euro area.
As noted in previous updates, trends are heavily shaped by Ireland, where both IP and GDP are influenced by the presence of multinational headquarters. Ireland has shown particularly large monthly swings this year, with a +9.5% rise in August being followed by a -8.6% fall in September and +4.0% rise in October.
Manufacturing accounts for the largest share of IP in Eurostat’s data, but the series also includes utilities and energy, making direct comparison with UK figures more difficult. Capital goods, however, are directly comparable. Between September and October, output of capital goods increased by +0.5% in both the EU and the euro area. Looking back 12 months to October 2024, capital goods output increased by +1.1% in the EU and by +0.5% in the euro area.
On the same 12-month basis, 19 of the 27 EU member states recorded higher total IP, while 8 saw declines. The strongest growth was in Ireland and Latvia (both +8.7%), Greece (+6.9%) and Sweden (+5.7%), while the steepest falls were in Bulgaria (-7.6%), Slovakia (-3.7%) and Hungary (-2.6%).
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 (15 December) or requested from MTA.