In October, industrial output contracted a seasonally adjusted 0.9% over the previous month, a result which followed the revised 4.6% drop recorded in September (previously reported: -4.8% month-on-month) and marked a second consecutive monthly drop. The October result came in below market expectations of a softer 0.3% decrease. Compared to the same month last year, industrial output dropped 4.2% on a working-day adjusted basis, following September's 2.7% contraction and marked the largest fall since December 2009. As a result of October's reading, the trend deteriorated notably, with annual average growth in industrial production falling from 2.2% in September to 1.4% in October, the lowest reading since August 2010.
Industrial production drops for second consecutive month in October
December 8, 2011
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Italy Economic News
October 14, 2016
According to revised data released by the Italian Statistical Institute (ISTAT), consumer prices fell 0.2% from the previous month in September.
October 10, 2016
In August, industrial output increased 1.7% from the previous month, accelerating from July’s revised 0.7% increase (previously reported: +0.4% month-on-month).
October 3, 2016
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) rose from 49.8 in August to 51.0 in September, taking it above the 50-threshold that separates expansion from contraction in the manufacturing sector. September’s result mainly reflected a return to growth in new orders, which, in the previous month, had dropped slightly for the first time in over one-and-a-half years.
September 30, 2016
According to provisional data released by the Italian Statistical Institute (ISTAT), consumer prices fell 0.2% over the previous month in September, contrasting August’s 0.2% increase and marking the lowest result in seven months.
September 28, 2016
The National Institute of Statistics’ (Istat) composite business confidence indicator (IESE, Istat Economic Sentiment Indicator), which covers the manufacturing, construction, service and retail sectors, increased from a revised 99.5 in August (previously reported: 99.4) to 101.0 in September. All four categories of the indicator improved compared to August.