Industry in Italy
Italy - Industry
Industrial production rebounds in May
Industrial output expanded 0.7% in May on a month-on-month, seasonally-adjusted basis, contrasting April’s revised 1.3% contraction (previously reported: -1.2% month-on-month). May’s increase came on the back of a rebound in the manufacturing; and electricity, gas, steam and air conditioning sub-sectors, while mining and quarrying output swung from a robust expansion in the previous month to a slight contraction. Within the manufacturing sector, the production of means of transport; and food, beverages and tobacco industries posted the strongest performances.
On an annual basis, industrial production expanded 2.1% in May, accelerating slightly from April’s one-year-low 1.9% rise. Meanwhile, annual average growth in industrial output ticked down to 4.0% from April’s 4.1%.
Italy Industrial Production Forecast
Met the why particular 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
|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||2.56||-0.11 %||Jul 13|
|Exchange Rate||1.17||0.65 %||Jul 13|
|Stock Market||21,892||-0.99 %||Jul 13|
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July 11, 2018
Industrial output expanded 0.7% in May on a month-on-month, seasonally-adjusted basis, contrasting April’s revised 1.3% contraction (previously reported: -1.2% month-on-month).
July 2, 2018
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) came in at 53.3 in June, above May’s 52.7.
June 28, 2018
According to provisional data released by the National Statistical Institute (ISTAT) on 28 June, consumer prices rose 0.3% month-on-month in June, mirroring May’s reading.
June 27, 2018
The consumer confidence index released by the National Institute of Statistics (ISTAT) rose to 116.2 points in June from a revised 113.9 points in May (previously reported: 113.7).
June 27, 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—rose to 115.4 points in June, above May’s revised 114.6 points (previously reported: 114.7). June’s strengthening came on the back of an improvement in sentiment in the retail trade and market services sectors.