Industrial production in Italy fell 2.1 percent from a month earlier in June of 2022, following a 1.1 percent drop in the previous month and worse than market expectations of a 0.2 percent decrease. Output declined faster for consumer goods (-2.1 percent vs -0.7 percent in May) and intermediate goods (-1.3 percent vs -0.6 percent). In addition, production of capital goods dropped (-3.3 percent vs 0.2 percent) while that of energy rebounded (1.9 percent vs -3.8 percent). Year-on-year, industrial activity fell 1.2 percent, the first contraction since January. source: National Institute of Statistics (ISTAT)
Industrial Production Mom in Italy averaged 0.20 percent from 1960 until 2022, reaching an all time high of 44.70 percent in May of 2020 and a record low of -28.10 percent in March of 2020. This page provides the latest reported value for - Italy Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Industrial Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Industrial Production Mom 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. In the long-term, the Italy Industrial Production MoM is projected to trend around 0.40 percent in 2023, according to our econometric models.