Industry in Italy

Italy Industry | Economic News & Forecasts

Italy - Industry

Industrial production rebounds strongly in August

Industrial output jumped 1.7% in August on a month-on-month, seasonally-adjusted basis, contrasting July’s revised 1.6% decrease (previously reported: -1.8% month-on-month). August’s rebound came on the back of notable turnarounds in the manufacturing, and electricity, gas, steam and air conditioning sectors. In contrast, output in the mining and quarrying sector continued to dip. Within the manufacturing sector, the production of coke and refined petroleum products, and of electrical equipment, posted the sharpest increases.

On an annual basis, industrial production decreased 0.8% in August. While a softer fall than July’s 1.3% drop, it was the second consecutive month of contraction. Meanwhile, annual average growth in industrial output declined to an over one-year low of 2.5% in August, from 3.1% in July.

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%, also unchanged from last month’s estimate.

Italy - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-3.1  -0.6  1.0  2.1  3.7  

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Italy Industry Chart

Italy Industry
Note: Annual variation of industrial output in %.
Source: National Statistical Institute (ISTAT) and FocusEconomics calculations.

Italy Facts

Bond Yield3.47-0.40 %Oct 22
Exchange Rate1.150.65 %Oct 22
Stock Market18,966-0.99 %Oct 22

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