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It measures the change of output in the industrial sector that of the Euro Zone, having in mind that this index is very significant, since it helps forecast GDP changes, knowing that the Industrial Production sector has a strong impact on the overall Union GDP. Still, this indicator rarely affects the market and is released by the Eurostat in monthly bases alongside non-common revisions.

The industrial production index shows how much factories, mines and utilities are producing a slight percentage of the GDP, but it is a representation of the levels of expansion in the economy, for it can be a comparative measure to weigh, which is growing in a higher pace, whether its capital goods or consumption assets. As it accounts for the heavy part of production in the economy, it is usually monitored regularly by various parties in hopes of determining how correlated industries in the economy will likely be performing in that given period, in order to act accordingly. In addition to the preview to the production levels it provides the capacity utilization levels a very clear indicator to inflation levels and threats that is why its important for markets to notice for any future monetary policy action that might take place.

this indicator is a measure of how strong, steady, and fast the pace of growth growing is, more than a stronger higher reading that is positively coherent with the currency as well as the stocks for the enhancement of corporate income, where the opposite is applicable in both scenarios as well. Its worth mentioning that a higher reading in the capacity utilization indicates that corporations are using their assets to the fullest extent, as that provides a positive reflection on the stocks, when the level of productivity is improved by exploiting all available assets in that process and in its turn it provides increased returns for corporations.