Euro Area Industrial Production Mom

Eurozone industrial production increased by 0.7% month-on-month in November 2025, matching October’s pace and exceeding market expectations of 0.5% growth. Capital goods output surged 2.8%, up from 0.5% in the previous month, while intermediate goods growth slowed to 0.3% from 0.9%. Production fell in energy (-2.2% vs 1.3%), durable consumer goods (-1.3% vs 2.4%), and non-durable consumer goods (-0.6% vs -0.4%). On an annual basis, industrial production expanded 2.5%, up from 1.7%, marking the largest year-on-year increase since May and surpassing forecasts of 2.0%.