Italy Industry

Italy

Italy: Industrial production improves in February

April 13, 2012

In February, industrial output dropped a seasonally adjusted 0.7% over the previous month. The decline represented an improvement compared to the 2.6% drop recorded in January but met market expectations. Compared to the same month last year, industrial output dropped 6.8% on a working-day adjusted basis, which was down from January's 4.6% decline and marked the sixth consecutive contraction. As a result, the trend continues to deteriorate, with the annual average variation in industrial production falling from minus 0.3% in January to minus 1.0% in February.


Author:, Head of Data Solutions

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Italy Industry March 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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