Italy's industrial output fell 2 percent from a year earlier in December 2020, following a 4.2 percent drop and compared to market consensus of a 1.4 percent decrease. It was the 22nd straight month of declines. Considering the fourth quarter of 2020, industrial production slipped 2.7 percent when compared to the same period a year earlier, easing from a 5.1 percent slump in Q3. For full 2020, industrial output tumbled 11.4 percent, the most since 2009. source: National Institute of Statistics (ISTAT)

Industrial Production in Italy averaged -0.34 percent from 1991 until 2020, reaching an all time high of 17.40 percent in August of 1994 and a record low of -43.30 percent in April of 2020. This page provides the latest reported value for - Italy Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Industrial Production in Italy is expected to be 15.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Italy to stand at 4.60 in 12 months time. In the long-term, the Italy Industrial Production is projected to trend around 2.50 percent in 2022, according to our econometric models.

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Italy Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-2.00 -4.20 17.40 -43.30 1991 - 2020 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-10 09:00 AM Sep -5.1% -0.3% -1.7% -1.4%
2020-12-11 09:00 AM Oct -2.1% -4.9% -4.3% -3.8%
2021-01-13 09:00 AM Nov -4.2% -1.9% -2.6%
2021-02-09 09:00 AM Dec -2% -4.2% -1.4% -1.6%
2021-03-09 09:00 AM Jan -2% -1.4%
2021-04-13 08:00 AM Feb
2021-05-11 08:00 AM Mar
2021-06-10 08:00 AM Apr


Italy Industrial Production
In Italy, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 88 percent of total production. The biggest segments within Manufacturing are: Metallurgy and fabricated metal products (14 percent of total production); machinery and equipment (12 percent); food, drink and tobacco (10 percent); rubber and plastics products and non-metallic mineral products (9 percent); textile, clothing and leather (8 percent); transport equipment (7 percent); and other manufacturing, repair and installation of machinery and equipment (7 percent). Electricity, gas, steam and air conditioning account for 10 percent of total output and Mining and quarrying account for 1 percent.