Industry in Italy

Italy Industry | Economic News & Forecasts

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

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 Yield2.95-0.40 %Dec 14
Exchange Rate1.130.65 %Dec 14
Stock Market18,911-0.99 %Dec 14

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