New orders for Italy's industrial goods rose 1.7 percent from a month earlier in December of 2020, rebounding from an upwardly revised 1.4 percent drop in November. Demand from the domestic marker recovered (6.5 percent vs -3.7 percent) while that from the foreign market fell (-4.9 percent vs 2 percent). Year-on-year, factory orders jumped 7 percent, accelerating from a downwardly revised 5 percent gain in the previous month. Meantime, industrial sales declined 0.5 percent from the previous month and were up 1 percent from the previous year. source: National Institute of Statistics (ISTAT)
Factory Orders in Italy averaged 0.29 percent from 1990 until 2020, reaching an all time high of 43.60 percent in May of 2020 and a record low of -31.20 percent in April of 2020. This page provides the latest reported value for - Italy Industrial New Orders - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Industrial New Orders - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Factory Orders in Italy is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Factory Orders in Italy to stand at 0.60 in 12 months time. In the long-term, the Italy Industrial New Orders is projected to trend around 0.50 percent in 2022 and 0.30 percent in 2023, according to our econometric models.