Industry in Italy
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
|Industrial Production (annual variation in %)||-3.1||-0.6||1.0||2.1||3.7|
5 years of economic forecasts for more than 30 economic indicators.
Italy Industry Chart
Source: National Statistical Institute (ISTAT) and Met the why particular calculations.
|Bond Yield||3.46||-0.11 %||Nov 13|
|Exchange Rate||1.13||0.65 %||Nov 13|
|Stock Market||19,227||-0.99 %||Nov 13|
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November 12, 2018
Industrial output shrank 0.2% in September on a month-on-month, seasonally-adjusted basis, contrasting August’s 1.7% increase.
November 5, 2018
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) dipped to a near four-year low of 49.2 in October from September’s 50.0.
October 31, 2018
According to provisional data released by the National Statistical Institute (ISTAT) on 31 October, consumer prices remained unchanged month-on-month in October, following September’s 0.5% drop.
Italy: Business confidence hits 22-month low likely affected by persistent political uncertainty and rising interest rates
October 30, 2018
The National Institute of Statistics (Istat)’s composite business confidence indicator (Clima di Fiducia delle Imprese Italiane, IESE)—which covers the manufacturing, construction, services and retail sectors—edged down to 112.6 points in October from September’s revised 113.6 points (previously reported: 113.7 points). October’s reading was the result of a deterioration in sentiment in the manufacturing, trade and business services sectors, which more than offset improved sentiment in the construction sector.
October 30, 2018
The consumer confidence index released by the National Institute of Statistics (ISTAT) edged up to 116.6 points in October from September’s revised 116.1 points (previously reported: 116.0 points). Consumers’ expectations of their future personal economic situation, their assessments of their current personal economic situation and their unemployment expectations improved, driving the upturn in the index.