Industry in Italy

Italy Industry | Economic News & Forecasts

Italy - Industry

Industrial production contracts notably in November

Industrial output contracted 1.6% in November on a month-on-month, seasonally-adjusted basis, following October’s revised 0.1% contraction (previously reported: +0.1% month-on-month). November’s sizable fall came on the back of a sharp drop in the mining and quarrying sector and a downturn in manufacturing output. In contrast, the supply of electricity, gas, steam and air conditioning rebounded, albeit at a modest pace. Within the manufacturing sector, the production of chemical products, transport and computers, electronics and optical products, registered the sharpest declines, while the production of pharmaceuticals grew significantly.

On an annual basis, industrial production fell 2.6% in November, contrasting October’s 1.0% increase, and marking the worst contraction in over four years. Meanwhile, annual average growth in industrial output declined to 1.6% in November, from 2.1% in October.


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

ValueChangeDate
Bond Yield2.76-0.11 %Jan 21
Exchange Rate1.140.65 %Jan 21
Stock Market19,639-0.99 %Jan 21

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Economic News

  • Italy: Industrial production contracts notably in November

    January 11, 2019

    Industrial output contracted 1.6% in November on a month-on-month, seasonally-adjusted basis, following October’s revised 0.1% contraction (previously reported: +0.1% month-on-month).

    Read more

  • Italy: Inflation falls in December on slowing energy prices

    January 4, 2019

    According to a second estimate released by the National Statistical Institute (ISTAT) on 16 January, consumer prices dropped 0.1% month-on-month in December, a softer drop than November’s 0.2% decline.

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    Read more

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