Italy Industry July 2018

Italy

Italy: Industrial production contracts notably in July

September 12, 2018

Industrial output contracted 1.8% in July on a month-on-month, seasonally-adjusted basis, following June’s revised 0.3% increase (previously reported: +0.5% month-on-month). July’s fall came on the back of a broad-based contraction in the manufacturing; electricity, gas, steam and air conditioning; and mining and quarrying sectors. Within the manufacturing sector, the production of pharmaceutical products and means of transport posted the sharpest drop.

On an annual basis, industrial production decreased 1.3% in July, contrasting June’s revised 1.4% rise (previously reported: -1.7% year-on-year). Meanwhile, annual average growth in industrial output declined to 3.1% in July from 3.6% in June.

Italy Industrial Production Forecast


FocusEconomics Consensus Forecast panelists see industrial production growing 1.6% in 2018, which is unchanged from last month’s forecast. For 2019, panelists expect industrial output to expand 1.5%.


Author: Massimo Bassetti, Economist

Sample Report

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

Download

Italy Industry Chart


Italy Industry July 2018

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 shows further signs of life in February

    April 10, 2019

    Industrial output rose 0.8% in February on a month-on-month, seasonally-adjusted basis, following January’s stronger 1.9% jump.

    Read more

  • Italy: Manufacturing sector in dire state in March

    April 1, 2019

    The IHS Markit manufacturing Purchasing Managers’ Index (PMI) dipped to 47.4 in March from February’s 47.7, marking the worst reading in close to six years.

    Read more

  • Italy: Inflation stable in March

    March 29, 2019

    According to provisional data released by the National Statistical Institute (ISTAT) on 29 March, consumer prices rose 0.3% month-on-month in March, following February’s 0.2% increase.

    Read more

  • Italy: Business confidence regains some lost ground in March

    March 27, 2019

    The National Institute of Statistics’ (Istat) composite business confidence indicator (Clima di Fiducia delle Imprese Italiane, IESE)—which covers the manufacturing, construction, market services and retail sectors—rose to 99.2 points in March from February’s revised 98.2 points (previously reported: 98.3 points), which had marked the worst reading since February 2015. March’s reading was the result of improving sentiment in the construction and market services sectors, which more than offset weaker sentiment in the manufacturing sector.

    Read more

  • Italy: Consumer confidence moves further down in March

    March 27, 2019

    The consumer confidence index released by the National Institute of Statistics (ISTAT) declined to 111.2 points in March from February’s 112.4 points, marking the worst result since August 2017. March’s deterioration was broad-based.

    Read more

More news

Search form