Industry in Italy
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
|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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December 2, 2022
Growth cooled in the third quarter, with GDP increasing 0.5% quarter on quarter, confirming the preliminary estimate and coming in below the second quarter’s 1.1% expansion.
December 1, 2022
The S&P Global Manufacturing Purchasing Managers' Index (PMI) rose to 48.4 in November from October's 46.5.
November 25, 2022
Consumer confidence jumped to 98.1 in November from October's 90.1.
November 25, 2022
Business confidence came in at 104.7 in November, up from October's 106.4.
November 22, 2022
Industrial output slid 1.8% in month-on-month seasonally-adjusted terms in September, which contrasted August's 2.3% increase.