Euro Area industrial production falls 0.1% in July, beating expectations

  • Eurostat reported Euro Area industrial production fell 0.1% in July 2026.
  • 0.4% was the economist consensus decline, versus the reported 0.1% decrease.
  • June’s 0.1% decline preceded July’s result; annual production was unchanged.

Euro Area industrial production fell 0.1% in July 2026, matching June’s decline and undershooting the 0.4% drop expected by economists polled by The Wall Street Journal. The existing record had cited a 0.2% market forecast, creating a discrepancy between the two reported estimates. The data underscore an uneven recovery as manufacturers contend with higher energy costs despite signs of improving demand. Non-durable consumer-goods output fell 1.6%, while energy-production growth slowed to 0.9%. Intermediate-goods production rose 0.3%, capital-goods output increased 0.5% and durable consumer-goods production climbed 0.9%. Industrial performance diverged among major economies, with output falling 1.5% in Germany and 0.4% in France but rising 0.6% in Spain. Annual Euro Area industrial production was unchanged in July.

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