Industrial production in the European Union grew at an average annual rate of 0.6 per cent between 2000 and 2024, according to new data highlighting the modest long-term performance of the sector.
In the early 2000s, Eurostat reported, the EU recorded an average growth rate of 2.0 per cent , with several member states achieving significantly higher levels of industrial expansion.
However, the global financial crisis of 2007 and 2008
