Industrial production in the euro area fell by 2.4% in April compared to March, marking the sharpest monthly decline since July 2023. The downturn affected all major sectors, with non-durable consumer goods dropping 3%, capital goods down 1.1%, energy falling 1.6%, and intermediate goods slipping 0.7%.

Among member states, Ireland recorded the steepest monthly decline at 15.2%, followed by Malta and Lithuania. On the upside, Denmark, Luxembourg, Croatia, and Sweden posted modest gains.

Despite the monthly contraction, year-on-year industrial output rose 0.8% in the euro area, driven by a 6.1% increase in non-durable consumer goods.