In November 2024, compared with November 2023, industrial production in the eurozone fell by 1.9%, remaining significantly below the pre—pandemic level,” states Eurostat

The five eurozone countries with the largest drop in industrial production in November:

-6.6% — Croatia

-5.6% — Ireland

-5.0% — Austria

-3.9% — Luxembourg

-3.3% — Germany

The eurozone industry is in deep crisis due to rising energy prices, low demand in Asia, cheaper competitive products and the crisis in the German automotive sector, Reuters said.



“CRYSTAL OF GROWTH” previously informed that, according to the American Politico, an economic apocalypse awaits Europe.