Eurozone industrial production dropped by 2.4% month-over-month in April 2025, reversing a downwardly revised 2.4% gain in March and falling short of market expectations for a 1.7% decline. This marked the sharpest monthly contraction since July 2023, with output falling across all major categories. Production of non-durable consumer goods fell 3.0% (vs. +1.8% in March), while energy output declined 1.6% (vs. -0.5%). Capital goods output dropped 1.1% (vs. +2.4%), intermediate goods fell 0.7% (vs. +1.1%), and durable consumer goods edged down 0.2% (vs. +3.5%). On an annual basis, industrial output growth slowed to 0.8% in April from 3.7% in March, missing forecasts of a 1.4% increase.
