Industry in Italy

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Italy - Industry

Industrial activity dips in September

Industrial output slid 1.8% in month-on-month seasonally-adjusted terms in September, which contrasted August's 2.3% increase. The reading reflected a broad-based downturn across the major sectors, with manufacturing, mining and quarrying and electricity, gas, steam and air conditioning all contracting in September.

On an annual basis, industrial output decreased 0.5% in September, contrasting August’s 2.9% expansion. Accordingly, annual average industrial production growth fell to 2.0% in September (August: +2.5%), which marked an over one-year low.

FocusEconomics Consensus Forecast panelists see industrial production falling 0.8% in 2023, which is down 0.3 percentage points from last month’s forecast. For 2024, panelists expect industrial output to expand 2.1%

Italy - Industry Data

2015   2016   2017   2018   2019  
Industrial Production (annual variation in %)1.1  1.9  3.6  0.7  -1.0  

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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

Value Change Date
Bond Yield1.31-0.40 %Jan 01
Exchange Rate1.120.65 %Dec 31

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