Italy Industry April 2019


Italy: Another drop in industrial output in April casts a shadow on economic performance in Q2

June 11, 2019

Industrial output contracted 0.7% in April on a month-on-month, seasonally-adjusted basis, following March’s revised 1.0% decrease (previously reported: -0.9% month-on-month). April’s drop came on the back of lower production in the manufacturing, and mining and quarrying sectors. In contrast, production of electricity, gas, steam and air conditioning swung from contraction to expansion. Within the important manufacturing sector, the production of machinery and equipment, and of electrical and electronic equipment fell sharply. However, the manufacture of pharmaceutical products—traditionally quite volatile—expanded significantly.

On an annual basis, industrial production shrank 1.5% in April in calendar-adjusted terms, following March’s 1.6% drop. Meanwhile, annual average growth in industrial output was equal to minus 0.7% in April, down from the minus 0.4% print in March and the weakest reading in four years.

Italy GDP Forecast

FocusEconomics Consensus Forecast panelists see industrial production growing 1.5% in 2019, which is unchanged from last month’s forecast. For 2020, panelists expect industrial output to expand 1.3%.

Author: Massimo Bassetti, Economist

Sample Report

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


Italy Industry Chart

Italy Industry April 2019

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: Industrial production contracts again in July

    September 10, 2019

    Industrial contracted 0.7% in July on a month-on-month, seasonally-adjusted basis, following June’s revised 0.3% drop (previously reported: -0.2% month-on-month).

    Read more

  • Italy: Operating conditions firmly in contractionary terrain in August

    September 2, 2019

    The IHS Markit manufacturing Purchasing Managers’ Index (PMI) edged up to 48.7 in August from 48.5 in July.

    Read more

  • Italy: Inflation inches up in August

    August 30, 2019

    Consumer prices increased 0.4% month-on-month in August (previously reported: +0.5% month-on-month), following July’s flat reading, according to revised data released by the National Statistical Institute (ISTAT) on 16 September.

    Read more

  • Italy: Second estimate confirms stagnation in Q2

    August 30, 2019

    GDP growth was flat in the second quarter over the previous period in seasonally- and working-day adjusted terms, according to a second estimate released by Italy’s Statistical Institute (ISTAT) on 30 August.

    Read more

  • Italy: Consumer confidence drops in August

    August 28, 2019

    The consumer confidence index released by the National Institute of Statistics (ISTAT) fell to 111.9 points in August from July’s revised 113.3 points (previously reported: 113.4 points), which had marked the best reading since the beginning of the year. August’s improvement was broad-based: the economic, personal, current, and future components all lost ground, although to varying extents.

    Read more

More news

Search form