Italy Industry

Italy

Italy: Industrial production rebounds in September

November 10, 2015

In September, industrial output rose a seasonally-adjusted 0.2% over the previous month, contrasting the 0.5% decrease tallied in August. September’s reading undershot market expectations of a 0.5% increase. The result was mainly driven by a rebound in manufacturing, which more than offset a deterioration in mining and quarrying.

On an annual basis, industrial production expanded a working-day adjusted 1.7% in September, which was above the 1.0% increase tallied in August. Annual average growth in industrial output inched up from August’s zero growth to a 0.3% rise in September.

FocusEconomics Consensus Forecast panelists see industrial production increasing 0.3% in 2015, which is up 0.1 percentage points from last month’s forecast. For 2016, panelists expect industrial output to pick up the pace and expand 1.5%.


Author:, Economist

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Italy Industry Chart


Italy Industry September 2015

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


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