Italy Industry August 2016


Italy: Industrial production rebounds strongly in August

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). The reading marked a seven-month high and contrasted market expectations of a 0.1% drop. The increase was due to a broad-based expansion in all sectors, with the mining and quarrying sector expanding the most.

On an annual basis, industrial production grew a working-day adjusted 4.1% in August, which was the highest reading since August 2011 and contrasted July’s 0.3% decline. The overall trend improved as annual average growth in industrial output rose from July’s 1.0% to 1.2% in August.

FocusEconomics Consensus Forecast panelists see industrial production growing 1.3% in 2016, which is unchanged from last month’s forecast. For 2017, panelists expect industrial output to expand 1.1%.

Sample Report

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


Italy Industry Chart

Italy Industry August 2016

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: Business confidence hits over-one-year high in February

    February 24, 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, rose from 103.3 in January to a 14-month high of 104.0 in February. Three out of the four categories of the indicator improved compared to January: manufacturing, services and retail rose, with manufacturing obtaining the best result since February 2008.

    Read more

  • Italy: Consumer confidence declines in February

    February 24, 2017

    The National Institute of Statistics’ (Istat) consumer confidence index decreased from January’s 108.6 points to a five-month low of 106.6 points in February. February’s reading reflected a broad-based deterioration in almost all components of the index.

    Read more

  • Italy: Inflation in January hits highest rate since August 2013

    February 22, 2017

    According to revised data released by the National Statistical Institute (Istat), consumer prices grew 0.3% from the previous month in January (previously reported: +0.2% month-on-month), down from December’s 0.4% increase.

    Read more

  • Italy: Economy decelerates slightly in Q4

    February 15, 2017

    Italian GDP grew 0.2% over the previous quarter in Q4 in seasonally- and working-day adjusted terms, according to an advance estimate released by the National Statistics Office (ISTAT) on 14 February.

    Read more

  • Italy: Industrial production accelerates in December

    February 14, 2017

    Industrial output in Italy grew 1.4% in December on a month-on-month seasonally adjusted basis, a significant acceleration from the 0.8% expansion registered in November and overshooting analysts’ expectations of a flat reading.

    Read more

More news

Search form