European industrial production rises. Euro area and EU industrial production increased in February 2023 compared to January 2023, according to estimates from Eurostat.
The seasonally adjusted industrial production rose by 1.5% in the euro area and 1.4% in the EU in February 2023. In January 2023, the production grew by 1.0% in the euro area and 0.4% in the EU.
Comparing February 2023 to February 2022, industrial production increased by 2.0% in the euro area and by 2.1% in the EU. These estimates show an upward trend in industrial production in both the euro area and EU.