Industry in Italy
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 |
Italy Industry Chart
Source: National Statistical Institute (ISTAT) and FocusEconomics calculations.
Italy Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 3.05 | -0.40 % | Aug 15 |
| Exchange Rate | 1.13 | 0.65 % | Aug 15 |
| Stock Market | 20,906 | -0.99 % | Aug 14 |
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Economic News
Italy: Inflation hits over one-year high in July
August 13, 2018
According to a second estimate released by the National Statistical Institute (ISTAT) on 13 August, consumer prices rose 0.3% month-on-month in July, up from June’s 0.1% increase and confirming preliminary data.
Italy: Industrial production continues to expand at a solid pace in June
August 3, 2018
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).
Italy: Manufacturing sector loses steam in July but continues to expand
August 1, 2018
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) declined to 51.5 in July from June’s 53.3.
Italy: Economy decelerates in Q2
July 31, 2018
In the second quarter, GDP expanded 0.2% over the previous quarter in seasonally- and working-day adjusted terms, according to an advance estimate released by the National Statistics Office (ISTAT) on 31 July.
Italy: Inflation hits over one-year high in July
July 31, 2018
According to provisional data released by the National Statistical Institute (ISTAT) on 31 July, consumer prices rose 0.3% month-on-month in July, up from June’s 0.2% increase.
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