Italy Industry February 2017

Italy

Italy: Industrial production rebounds in February

April 10, 2017

Industrial output in Italy grew 1.0% in February on a month-on-month seasonally adjusted basis, contrasting the 2.3% fall registered in January and undershooting analysts’ expectations of a 1.5% expansion. The increase came on the back of expansions in both the manufacturing and the mining and quarrying sub-sectors, with the latter marking the best result in five months. Conversely, the electricity, gas, steam and air conditioning sub-sector declined.

On an annual basis, industrial production expanded a working-day adjusted 1.9% in February, contrasting January’s 0.2% drop. Annual average growth in industrial output also improved, increasing from 1.6% in January to 1.7% in February.


FocusEconomics Consensus Forecast panelists see industrial production growing 1.2% in 2017, which is unchanged from last month’s forecast. For 2018, panelists expect industrial output to expand 1.0%.


Author: Massimo Bassetti , Economist

Sample Report

Looking for forecasts related to Industry in Italy? Download a sample report now.

Download

Italy Industry Chart


Italy Industry February 2017

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


Italy Economic News

  • Italy: Inflation continues to drop in June

    July 14, 2017

    According to revised data released by the National Statistical Institute (Istat), consumer prices declined 0.1% on a monthly basis in June, a smaller drop than May’s 0.2% decrease.

    Read more

  • Italy: Industrial production rebounds in May

    July 11, 2017

    Industrial output grew 0.7% in May on a month-on-month seasonally adjusted basis, contrasting the revised 0.5% contraction registered in April (previously reported: -0.4% mom) and beating analysts’ expectations of a 0.5% expansion.

    Read more

  • Italy: PMI gains some ground in June

    July 3, 2017

    The IHS Markit manufacturing Purchasing Managers’ Index (PMI) rose to 55.2 in June from 55.1 in May.

    Read more

  • Italy: Inflation continues to drop in June

    June 29, 2017

    According to provisional data released by the National Statistical Institute (Istat), consumer prices declined 0.1% on a monthly basis in June, a smaller drop than May’s 0.2% decrease.

    Read more

  • Italy: Business confidence improves slightly in June

    June 29, 2017

    The National Institute of Statistics (Istat) composite business confidence indicator (IESE, Istat Economic Sentiment Indicator), which covers the manufacturing, construction, service and retail sectors, ticked up from May’s 106.2 to 106.4 in June. Three of the four sub-categories of the indicator improved compared to May: manufacturing, construction and services, with the latter two pushed up mainly by expectations of higher order books.

    Read more

More news

Search form