FX.co ★ Eurozone Industrial Output Posts Sharpest Drop Since April

Eurozone industrial production fell by 1.4% month-on-month in December 2025, reversing a downwardly revised 0.3% rise in November and broadly in line with expectations for a 1.5% decline. It was the sharpest monthly contraction since April 2025, ending a three-month run of gains. The drop was driven primarily by lower output of capital goods (-1.9% vs +2.6% in November), alongside declines in energy (-0.3%), non-durable consumer goods (-0.3%), and intermediate goods (-0.1%). By contrast, production of durable consumer goods inched up 0.2%, recovering from a 1.8% fall in the previous month. On an annual basis, industrial production growth slowed to 1.2% in December from 2.2% in November, slightly below the 1.3% forecast. For 2025 overall, industrial output increased by 1.5%.