The industrial turnover in the EU has slightly decreased since October 2022 but remains historically high in the first half of 2024.
Photo: Dreamstime.
The steady increase in industrial turnover, ongoing since 2013, was disrupted by the COVID-19 pandemic in February 2020, leading to a decline of over one-third within two months. There was a rapid but partial recovery by July 2020, followed by a period of growth from July 2020 to October 2022, largely driven by rising prices.
Table: Eurostat.
More information:
Eurostat
www.ec.europa.eu