FX.co ★ Eurozone Industrial Output Rebounds More Than Expected

In May 2025, industrial production in the Euro Area saw a notable rise of 1.7% month-over-month, effectively recovering from a 2.2% decline in April. This increase surpassed market predictions, which had anticipated a more modest 0.9% growth. Notably, there was a surge in output for energy (up 3.7% compared to a previous drop of 2.8%), capital goods (up 2.7% from a fall of 1.3%), and non-durable consumer goods (rising sharply by 8.5% after a 5.7% decrease). However, production continued to decline for intermediate goods, which fell by 1.7% compared to a previous decline of 0.8%, and durable consumer goods, which decreased by 1.9% following a 0.4% fall. On a yearly basis, the growth in industrial output accelerated to 3.7% in May, up from 0.2% in April, outperforming expectations of a 2.4% rise.