Eurozone Industrial Output Slumps in January

RunWithRugs · 2026-03-16T13:09:37+00:00

Industrial manufacturing in the euro area fell by 1.5% in January, with a year-on-year decline of 1.2%. Ireland had the largest monthly drop at 9.8%, while Portugal saw the highest increase at 4.2%. Yearly growth was led by Latvia at 13.3%.

RunWithRugs

2026-03-16 13:09:37

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(MENAFN) Industrial manufacturing in the euro area decreased by 1.5% in January compared to the previous month, according to figures released Friday by Eurostat.

Year-on-year, industrial production in the eurozone dropped 1.2% in January.

Across the European Union, manufacturing activity fell 1.6% month-on-month and declined 0.6% compared with the same period last year.

Among EU nations, Ireland experienced the steepest monthly reduction in industrial output, with production falling 9.8%.

Luxembourg recorded a 4.3% decrease, while Sweden saw a 4.1% decline.

Conversely, the largest monthly gain occurred in Portugal, where industrial output climbed 4.2%.

Latvia followed with a 3.3% increase, and Lithuania posted a 2.7% rise.

Over the year, the most pronounced contraction was in Luxembourg, with production down 14.9%.

Ireland registered a 13.1% drop, while Bulgaria experienced an 8.6% decrease.

The highest yearly growth was noted in Latvia, where output increased 13.3%, followed by Denmark with an 11.5% rise and Estonia with a 5.9% gain.

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