Industry in Italy
Italy - Industry
Industrial output growth speeds up in April
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%.
Italy - Industry Data
|Industrial Production (annual variation in %)||1.1||1.9||3.6||0.7||-1.0|
5 years of economic forecasts for more than 30 economic indicators.
Italy Industry Chart
Source: National Statistical Institute (ISTAT) and FocusEconomics calculations.
|Bond Yield||1.31||-0.40 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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June 24, 2022
Consumer confidence came in at 98.3 in June, down from May's 102.7. The rise was due to an across-the-board decrease in the index.
June 24, 2022
Business confidence came in at 113.6 in June, up from May's 110.0, pointing to improving sentiment among businesses.
June 16, 2022
Consumer prices increased 0.82% in May over the previous month, contrasting April's 0.09% fall.
June 10, 2022
Industrial output expanded 1.6% month-on-month in seasonally-adjusted terms in April (March: +0.2% s.a.
June 1, 2022
The S&P Global Manufacturing Purchasing Managers' Index (PMI) fell to 51.9 in May from April's 54.5.