Euro Area Data Update

Latest edition · August 13, 2026

Euro Area Data Update Area-Wide IP Flat in June (-0.2 mom ex. Ireland)

Euro area industrial production was flat in June (-0.2% MoM ex. Ireland), while May growth was revised up to +0.3% MoM. Solid Q2 IP growth (+0.9% QoQ) supports tracking estimates indicating broader economic resilience across the region.

This Goldman Sachs economic data update examines June industrial production and German trade performance. In Germany, a narrower services trade deficit nudged past-quarter GDP tracking closer to the official flash print of +0.23% QoQ. Across the Euro area, June IP ex-construction was flat (-0.2% ex-Ireland), but upward revisions to May and stronger Q2 output (+0.9% QoQ) confirm that industrial activity continues to hold up well following the energy shock.

Key takeaways from the latest edition

• 1.Euro area industrial production (ex. construction) was flat MoM in June (-0.2% MoM ex. Ireland), but May output was revised up to +0.3% MoM.
• 2.A narrowing German services trade deficit in June pushed Goldman Sachs' past-quarter GDP tracking estimate close to the official flash print of +0.23% QoQ.
• 3.Q2 area-wide IP grew by +0.9% QoQ (+0.6% ex-Ireland), confirming that Euro area industrial and economic activity has remained resilient post-energy shock.

What this series covers

• MAIN POINTS

Edition archive

• Euro Area Data Update Area-Wide IP Flat in June (-0.2 mom ex. Ireland)

  August 13, 2026

• Euro Area Data Update Area-Wide IP Flat in June (-0.2 mom ex. Ireland)

  August 13, 2026

• Euro Area Data Update A Further Uptick in the Sentix Survey

  August 10, 2026

• Euro Area Data Update Modest IP Growth and Soft Trade Data in Germany

  August 7, 2026

• Euro Area Data Update Firm PMIs in the Periphery, Net Soft IP Data in France

  August 5, 2026

• Euro Area Data Update Soft Preliminary Retail Sales in Germany in June

  August 3, 2026