Production: Industry: Total industry: Total industry excluding construction for the European Union
Index 2015=100, Monthly, Seasonally Adjusted
EU28PRINTO01IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.40
Year-over-Year Change
-1.60%
Date Range
7/1/1975 - 1/1/2020
Summary
The 'Index 2015=100, Monthly, Seasonally Adjusted' series measures the price-adjusted output of the manufacturing sector in the European Union 28 countries, providing insights into the health and trends of EU industrial production.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator tracks changes in the volume of industrial production in the European Union, adjusting for seasonal variations. It is a key metric used by economists and policymakers to assess the strength and direction of the EU's manufacturing sector.
Methodology
The data is collected through surveys of industrial producers and compiled by Eurostat, the statistical office of the European Union.
Historical Context
This index is widely followed by analysts and policymakers to gauge the state of the EU economy and inform economic policy decisions.
Key Facts
- The base year for the index is 2015, with a value of 100.
- The index is adjusted for seasonal variations, providing a more accurate representation of underlying trends.
- The index is a closely watched indicator of the health of the EU's manufacturing sector.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Monthly, Seasonally Adjusted' series measures the volume of industrial production in the European Union 28 countries, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the strength and direction of the EU's manufacturing sector, providing important insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial producers and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: This index is widely followed by analysts and policymakers to gauge the state of the EU economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly by Eurostat, with a typical delay of around 2 months.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly, Seasonally Adjusted (EU28PRINTO01IXOBSAM), retrieved from FRED.