Italy Industry

Italy

Italy: Industrial output deteriorates in 2012

February 8, 2013

In December, industrial output rose a seasonally adjusted 0.4% over the previous month. The expansion contrasted the 1.1% fall recorded in November and exceeded the 0.3% increase expected by the market. In addition, the reading marks the first rise after four consecutive contractions. The monthly expansion reflected rebounds in all the three main categories of industrial output.

Compared to the same month the previous year, industrial output dropped a working-day adjusted 6.6%, which represents an improvement compared to November's 7.7% decline but marks a 16th consecutive contraction. Overall in 2012, industrial production contracted 6.6%, contrasting the 0.3% expansion recorded in 2011 and marking the third drop in industrial production in the last five years.


Author:, Head of Data Solutions

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Italy Industry Chart


Italy Industry December 2012

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


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