Volume change in industrial production in the Member States of the European Union, November 2025
Released: 21 January 2026
The volume of industrial production, based on calendar adjusted data, grew by 2.2% in the European Union in November 2025, year-on-year. Industrial output was larger in the majority of the member states compared to the previous year, the largest growth (10.6% and 10.5%) occurring in Ireland and Cyprus followed by Croatia (8.8%) in the ranking. The largest decrease occurred in Bulgaria (9.3%).
Based on calendar adjusted data the November 2025 production volume in industry was below the one year earlier level by 5.5% in Hungary1. Considering the Visegrad countries industrial performance grew by 5.8% in Czechia, and decreased by 0.6% and 4.5% in Poland and Slovakia.
Industrial output decreased by 1.9% in Hungary, however grew by 0.2% in the EU as a whole compared to the previous month. The performance of Estonia grew the most, by 6.0% among the member states.
Based on unadjusted data the volume of the November 2025 industrial production lagged behind the one year earlier level by 5.4% in Hungary. Production volume decreased in the majority of the manufacturing subsections (between 2.6% –35.6%), to the largest extent in the small weight representing coke production and petroleum refining subsection. Production in the electronics industry, accounting for 13% of manufacturing output grew by 7.0%. Among the two other large weight representing subsections a 1.7% volume growth occurred in the food industry, the manufacture of transport equipment registered a 4.7% setback year-on-year.
According to the prognosis of Trading Economics2 industrial production is going to grow in Hungary, quarterly by 1.8% – 3.5%, year-on-year, in the period between the 1st and 4th quarters of 2026.
Table 1
Volume of industrial production in the member states of the European Union, November 2025
Territorial units
% change compared with
year 2021a)
the previous montha)
the same month of the previous yearb)
European Union average
0.8
0.2
2.2
Euro area
–0.5
0.7
2.5
Belgium
–12.5
–2.3
0.5
Bulgaria
–9.3
–1.7
–9.3
Czechia
3.3
2.3
5.8
Denmark
26.1
–5.1
–1.0
Germany
–6.8
1.1
1.0
Estonia
–5.9
6.0
3.4
Ireland
21.8
1.4
10.6
Greece
13.1
–1.7
2.8
Spain
4.7
0.9
4.6
France
3.0
–0.2
2.0
Croatia
5.9
1.1
8.8
Italy
–5.2
1.5
1.4
Cyprus
14.8
1.8
10.5
Latvia
–1.4
–0.6
6.9
Lithuania
9.3
5.8
3.1
Luxembourg
–13.7
–7.3
–3.6
Hungary
–8.5
–1.9
–5.5
Malta
12.7
–1.3
–8.2
Netherlands
3.4
–0.3
2.1
Austria
2.1
–0.9
1.0
Poland
11.9
–2.9
–0.6
Portugal
–2.9
–3.0
0.5
Romania
–3.5
–0.7
–0.8
Slovenia
–6.2
0.3
–0.9
Slovakia
–2.4
0.9
–4.5
Finland
3.2
0.4
2.0
Sweden
6.5
–0.2
3.8
a) Calendar and seasonally adjusted.
b) Calendar adjusted.
Source: Euro indicators – Industrial production, November 2025. Download date: 15 January 2026.
Figure 1
Figure 2
Footnotes
-
Due to methodological differences data from the First release entitled Industry (second estimate) may differ from the ones published by Eurostat. According to domestic methodology the calendar adjusted volume of industrial production in Hungary lessened by 5.4% in November compared to the same month of the previous year, and decreased by 2.0% considering seasonally and calendar adjusted data, compared to the previous month. ↩
-
Trading Economics data are available upon registration. ↩
Released: 21 January 2026
The volume of industrial production, based on calendar adjusted data, grew by 2.2% in the European Union in November 2025, year-on-year. Industrial output was larger in the majority of the member states compared to the previous year, the largest growth (10.6% and 10.5%) occurring in Ireland and Cyprus followed by Croatia (8.8%) in the ranking. The largest decrease occurred in Bulgaria (9.3%).
Based on calendar adjusted data the November 2025 production volume in industry was below the one year earlier level by 5.5% in Hungary1. Considering the Visegrad countries industrial performance grew by 5.8% in Czechia, and decreased by 0.6% and 4.5% in Poland and Slovakia.
Industrial output decreased by 1.9% in Hungary, however grew by 0.2% in the EU as a whole compared to the previous month. The performance of Estonia grew the most, by 6.0% among the member states.
Based on unadjusted data the volume of the November 2025 industrial production lagged behind the one year earlier level by 5.4% in Hungary. Production volume decreased in the majority of the manufacturing subsections (between 2.6% –35.6%), to the largest extent in the small weight representing coke production and petroleum refining subsection. Production in the electronics industry, accounting for 13% of manufacturing output grew by 7.0%. Among the two other large weight representing subsections a 1.7% volume growth occurred in the food industry, the manufacture of transport equipment registered a 4.7% setback year-on-year.
According to the prognosis of Trading Economics2 industrial production is going to grow in Hungary, quarterly by 1.8% – 3.5%, year-on-year, in the period between the 1st and 4th quarters of 2026.
Volume of industrial production in the member states of the European Union, November 2025
| Territorial units | % change compared with | ||
|---|---|---|---|
| year 2021a) | the previous montha) | the same month of the previous yearb) | |
| European Union average | 0.8 | 0.2 | 2.2 |
| Euro area | –0.5 | 0.7 | 2.5 |
| Belgium | –12.5 | –2.3 | 0.5 |
| Bulgaria | –9.3 | –1.7 | –9.3 |
| Czechia | 3.3 | 2.3 | 5.8 |
| Denmark | 26.1 | –5.1 | –1.0 |
| Germany | –6.8 | 1.1 | 1.0 |
| Estonia | –5.9 | 6.0 | 3.4 |
| Ireland | 21.8 | 1.4 | 10.6 |
| Greece | 13.1 | –1.7 | 2.8 |
| Spain | 4.7 | 0.9 | 4.6 |
| France | 3.0 | –0.2 | 2.0 |
| Croatia | 5.9 | 1.1 | 8.8 |
| Italy | –5.2 | 1.5 | 1.4 |
| Cyprus | 14.8 | 1.8 | 10.5 |
| Latvia | –1.4 | –0.6 | 6.9 |
| Lithuania | 9.3 | 5.8 | 3.1 |
| Luxembourg | –13.7 | –7.3 | –3.6 |
| Hungary | –8.5 | –1.9 | –5.5 |
| Malta | 12.7 | –1.3 | –8.2 |
| Netherlands | 3.4 | –0.3 | 2.1 |
| Austria | 2.1 | –0.9 | 1.0 |
| Poland | 11.9 | –2.9 | –0.6 |
| Portugal | –2.9 | –3.0 | 0.5 |
| Romania | –3.5 | –0.7 | –0.8 |
| Slovenia | –6.2 | 0.3 | –0.9 |
| Slovakia | –2.4 | 0.9 | –4.5 |
| Finland | 3.2 | 0.4 | 2.0 |
| Sweden | 6.5 | –0.2 | 3.8 |
b) Calendar adjusted.
Source: Euro indicators – Industrial production, November 2025. Download date: 15 January 2026.
Footnotes
-
Due to methodological differences data from the First release entitled Industry (second estimate) may differ from the ones published by Eurostat. According to domestic methodology the calendar adjusted volume of industrial production in Hungary lessened by 5.4% in November compared to the same month of the previous year, and decreased by 2.0% considering seasonally and calendar adjusted data, compared to the previous month. ↩
-
Trading Economics data are available upon registration. ↩