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Data from Eurostat. Forecasts by Sigmanomics Forecast Engine.
European UnionEurozone Industrial Production YoY climbed to 0.1% in June 2026
EurostatMonthlyReleased August 2026
Eurozone Industrial Production YoY climbed to 0.1% in June 2026, released August 2026, up 0.2% from May's -0.1% reading. The print exceeded the -0.8% consensus by 0.9%. The print is running well below the 12-month average of 0.43%. Over the past 3 months, Industrial Production YoY averaged -0.45%, vs -0.68% in the prior 3-month window. The reading is in the 46th percentile of the trailing 24-month range.
Latest Release
0.1
Actual
-0.8
Consensus
-0.1
Previous
Median Absolute Error
±0.9 percentage points
across last 12 releases
Last Call
Aug 2026
Predicted: -0.48
Actual: 0.1
Error: -0.58
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.63 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.59 | COMMODITIES | Moves with | → View |
| EUR/CHF | ▼ Inverse | −0.49 | FOREX | Moves against | → View |
| Euro STOXX 50 | ▲ Direct | +0.48 | INDEX | Moves with | → View |
| EUR/JPY | ▲ Direct | +0.29 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Industrial Production YoY (European Union) was reported at 0.1% in August 2026. This beat the market consensus of -0.8% by 0.9%. The reading rose from the previous value of -0.1%. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 0.52%, ranging from -2.1% to 2.5% across 11 releases.
WHY IT MATTERS
The trailing three releases averaged -0.27%, up from the prior three at -0.7%. Volatility over the past year (σ 1.41%) is lower than the prior year (σ 49%). In August readings over the past 3 years, Industrial Production YoY has averaged 38.32%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/USD (Bullish EUR). A secondary relationship exists with XAU/USD, positively correlated (Bullish XAU). Over the last 12 releases, the Sigmacast model's median absolute error is 0.9%.
WHAT TO WATCH NEXT
The next release is scheduled for September 16, 2026. Same-country events in the next 14 days include Balance of Trade (Sep 15) and ZEW Economic Sentiment Index (Sep 15).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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Industrial Production YoY - EU
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About Industrial Production YoY — European Union
DEFINITION
Industrial Production YoY (Year-over-Year) is a key economic indicator that measures the change in the total output of the manufacturing, mining, and utilities sectors over a 12-month period. It provides valuable insights into the health and growth of a country's industrial sector, which is a crucial component of its overall economic performance. This indicator is closely monitored by investors, policymakers, and analysts as it can signal potential shifts in the economy and help inform business and investment decisions. A positive YoY growth in industrial production indicates a strong and expanding industrial sector, while a negative growth may suggest a slowdown or contraction.
WHY THIS INDICATOR MATTERS
Manufacturing and factory-order series capture cyclical inflection earlier than aggregate output, and have outsized influence on industrial-sector equities. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 0.1 Percent, consensus -0.8 Percent. Prior reading (May 2026): -1.2 Percent. Before that (Apr 2026): 0.3 Percent.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with EUR/USD (Bullish EUR, r=0.63) — a useful reference for forex-focused traders.
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Economic Calendar - EU Events
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 09:00 | EU | Balance of Trade | 8.6 | 3.7 | -0.70 | Medium | |
| 09:00 | EU | ZEW Economic Sentiment Index | 31.4 | 39.9 | 48.25 | Medium | |
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 09:00 | EU | Industrial Production MoM | 0 | -0.4 | -0.50 | Medium | |
| 09:00 | EU | Industrial Production YoY | 0.1 | -0.3 | 0.70 | Low | |
| 09:00 | EU | Wage Growth YoY | 3.4 | 3.2 | 3.45 | Low | |
| 09:00 | EU | Labour Cost Index YoY | 3 | 3.2 | 3 | 2.98 | Low |