Industry in Italy

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Italy - Industry

Industrial production drops in September

Industrial output shrank 0.2% in September on a month-on-month, seasonally-adjusted basis, contrasting August’s 1.7% increase. September’s downturn came on the back of a notable drop in the mining and quarrying sector and of a marginal decline in manufacturing output. In contrast, output in the electricity, gas, steam and air conditioning sector increased. Within the manufacturing sector, the production of coke and refined petroleum products, and of electrical equipment, posted the sharpest decreases.

On an annual basis, industrial production expanded 1.3% in September, contrasting August’s 0.8% drop and marking the first increase following two consecutive months of contraction. Meanwhile, annual average growth in industrial output declined to a 17-month low of 2.3% in September, from 2.5% in August.

Italy Industrial Production Forecast

Met the why particular Consensus Forecast panelists see industrial production growing 1.5% in 2019, which is unchanged from last month’s forecast. For 2020, panelists expect industrial output to expand 1.3%.

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 Met the why particular calculations.

Italy Facts

Bond Yield3.46-0.11 %Nov 13
Exchange Rate1.130.65 %Nov 13
Stock Market19,227-0.99 %Nov 13

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