Industry in Italy

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Italy - Industry

Industrial production continues to expand at a solid pace in June

Industrial output expanded 0.5% in June on a month-on-month, seasonally-adjusted basis, following May’s revised 0.8% increase (previously reported: +0.7% month-on-month). June’s rise came on the back of an expansion in the manufacturing sector, which more than offset contractions in the electricity, gas, steam and air conditioning; and mining and quarrying sub-sectors. Within the manufacturing sector, the production of pharmaceutical products and means of transport posted the strongest performances.

On an annual basis, industrial production expanded 1.7% in June, decelerating from May’s revised 2.2% rise (previously reported: +2.1% year-on-year). Meanwhile, annual average growth in industrial output declined to 3.6% from May’s 4.0%.


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%.

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

ValueChangeDate
Bond Yield3.05-0.40 %Aug 15
Exchange Rate1.130.65 %Aug 15
Stock Market20,906-0.99 %Aug 14

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