Industrial production rose in Europe

Eurozone industrial production increased by 1.7 percent month-on-month in May 2025, reversing the 2.2 percent decline in April and exceeding market expectations of a 0.9 percent increase. Production rebounded in energy (3.7 percent to 2.8 percent), capital goods (2.7 percent to 1.3 percent), and non-durable consumer goods (8.5 percent to 5.7 percent). Meanwhile, production of intermediate goods (1.7 percent to 0.8 percent) and durable consumer goods (1.9 percent to 0.4 percent) continued to decline. On an annual basis, industrial production growth rose from 0.2 percent in April to 3.7 percent in May, exceeding forecasts of a 2.4 percent increase.