Italy Industry April 2022


Italy: Industrial output growth speeds up in April

June 10, 2022

Industrial output expanded 1.6% month-on-month in seasonally-adjusted terms in April (March: +0.2% s.a. mom). April's improvement was partly due to an improvement in manufacturing production. In addition, mining and quarrying output picked up pace.

On an annual basis, industrial production rose 4.2% in April, which was better than March’s 3.2% expansion. Meanwhile, annual average industrial production growth fell to 5.9% in April (March: +9.7%), signaling a worsening trend in the industrial sector.

FocusEconomics Consensus Forecast panelists see industrial production rising 0.3% in 2022, which is down 0.7 percentage points from last month’s forecast. For 2023, panelists expect industrial output to expand 2.5%.


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Italy Industry Chart

Italy Industry April 2022

Note: Month-on-month changes of seasonally-adjusted industrial production and annual growth rate in %.
Source: National Statistical Institute (Istat) and FocusEconomics calculations.

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