Industry in Italy
Italy - Industry
Industrial output rebounds in September
Industrial output increased 0.1% in month-on-month seasonally-adjusted terms in September, which contrasted August's 0.3% decrease. September's turnaround largely reflected improvements in manufacturing, mining and quarrying and electricity, gas, steam and air conditioning output.
On an annual basis, factory output rose 4.4% in September (August: -0.1% yoy). Accordingly, the trend improved significantly, with the annual average growth of industrial production coming in at plus 9.8%, up from August's 8.9% reading.
FocusEconomics Consensus Forecast panelists project industrial production to expand 3.3% in 2022, which is down 0.4 percentage points from last month’s forecast. In 2023, the panel see industrial production growth at 2.2%.
Italy - Industry Data
|Industrial Production (annual variation in %)||1.1||1.9||3.6||0.7||-1.0|
5 years of economic forecasts for more than 30 economic indicators.
Italy Industry Chart
Source: National Statistical Institute (ISTAT) and FocusEconomics calculations.
|Bond Yield||1.31||-0.40 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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November 16, 2021
Consumer prices rose 0.67% from the previous month in October, swinging from the 0.19% fall logged in September.
November 10, 2021
Industrial output increased 0.1% in month-on-month seasonally-adjusted terms in September, which contrasted August's 0.3% decrease.
November 2, 2021
The IHS Markit Manufacturing Purchasing Managers' Index (PMI) came in at 61.1 in October, up from September's 59.7.
October 29, 2021
According to a preliminary reading, GDP growth ticked down to 2.6% in quarter-on-quarter terms in the third quarter, from 2.7% in the second quarter.
October 29, 2021
Consumer prices rose 0.57% from the previous month in October, swinging from the 0.19% drop seen in September.