Industry in Italy
Italy - Industry
Industrial production rebounds timidly in October
Industrial output increased 0.1% in October on a month-on-month, seasonally-adjusted basis, contrasting September’s revised 0.1% contraction (previously reported -0.2% month-on-month). October’s anaemic rebound came on the back of a turnaround in the mining and quarrying sector and of a marginal acceleration in manufacturing output growth. In contrast, output in the electricity, gas, steam and air conditioning sector declined at a faster pace than in September. Within the manufacturing sector, the production of coke and refined petroleum products, and of computers, electronics and optical products, posted the strongest increases, while the production of pharmaceuticals shrunk considerably.
On an annual basis, industrial production expanded 1.0% in October, following September’s revised 1.4% increase (previously reported: +1.3% year-on-year). Meanwhile, annual average growth in industrial output declined to an 18-month low of 2.1% in October, from 2.3% in September.
Italy Industrial Production 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%.
Italy - Industry Data
|Industrial Production (annual variation in %)||-3.1||-0.6||1.0||2.1||3.7|
5 years of economic forecasts for more than 30 economic indicators.
Italy Industry Chart
Source: National Statistical Institute (ISTAT) and FocusEconomics calculations.
|Bond Yield||2.95||-0.40 %||Dec 14|
|Exchange Rate||1.13||0.65 %||Dec 14|
|Stock Market||18,911||-0.99 %||Dec 14|
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December 14, 2018
According to revised data released by the National Statistical Institute (ISTAT) on 14 December, consumer prices dropped a revised 0.2% month-on-month in November (previously reported: -0.1% month-on-month), following October’s flat reading.
December 10, 2018
Industrial output increased 0.1% in October on a month-on-month, seasonally-adjusted basis, contrasting September’s revised 0.1% contraction (previously reported -0.2% month-on-month).
December 3, 2018
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) dipped to a near four-year low of 48.6 in November from October’s 49.2.
November 30, 2018
According to provisional data released by the National Statistical Institute (ISTAT) on 30 November, consumer prices dropped 0.1% month-on-month in November, following October’s flat reading.
November 30, 2018
The Italian economy contracted for the first time in nearly four years in the third quarter, weighed down by its shrinking domestic sector.