In July, industrial output contracted a seasonally adjusted 0.7% over the previous month. The reading represented a small improvement compared to the 0.8% drop (previously reported: -0.6% month-on-month) recorded in June but came in below market analyst expectations that had industrial output falling 0.1% in July. Compared to the same month last year, industrial output contracted 1.6% on a working-day adjusted basis, which contrasted June's 0.1% year-on-year increase and marked the first contraction since December 2009. As a consequence of the drop, the trend moderated further, with annual average growth in industrial production stepping down from 3.9% in June to 3.1% in July, the lowest reading since September 2010.
Industrial production contracts for a third consecutive month in July
September 12, 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.