Italy's industrial production jumped 42.1 percent from a month earlier in May of 2020, rebounding from an upwardly revised 20.5 percent fall in April and beating market expectations of a 22.8 percent rise. It was the biggest gain in industrial activity since the series began in 1990 following the lifting of coronavirus-related lockdown. On a work-day adjusted year-on-year basis, output declined 20.3 percent, following an upwardly revised 43.4 percent slump in the previous month and compared to market expectations of a 32.5 percent drop.

Industrial Production Mom in Italy averaged 0.18 percent from 1960 until 2020, reaching an all time high of 42.10 percent in May of 2020 and a record low of -28.50 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 2020. source: National Institute of Statistics (ISTAT)

Industrial Production Mom in Italy is expected to be -2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Italy to stand at 0.60 in 12 months time. In the long-term, the Italy Industrial Production MoM is projected to trend around 0.60 percent in 2021 and 0.30 percent in 2022, according to our econometric models.

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Italy Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
42.10 -20.50 42.10 -28.50 1960 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-09 08:00 AM Feb -1.2% 3.6% -1.7% -2%
2020-05-11 08:00 AM Mar -28.4% -1% -20% -18.8%
2020-06-11 08:00 AM Apr -19.1% -28.4% -24% -28.8%
2020-07-10 08:00 AM May 42.1% -20.5% 22.8% 15.1%
2020-08-06 08:00 AM Jun 42.1% 5.1% 8.2%
2020-09-10 08:00 AM Jul
2020-10-09 08:00 AM Aug
2020-11-10 09:00 AM Sep -2.3%


News Stream
Italy Industrial Output Rebounds at Record Pace
Italy's industrial production jumped 42.1 percent from a month earlier in May of 2020, rebounding from an upwardly revised 20.5 percent fall in April and beating market expectations of a 22.8 percent rise. It was the biggest gain in industrial activity since the series began in 1990 following the lifting of coronavirus-related lockdown. On a work-day adjusted year-on-year basis, output declined 20.3 percent, following an upwardly revised 43.4 percent slump in the previous month and compared to market expectations of a 32.5 percent drop.
2020-07-10
Italy Industrial Output Contracts 19.1% in April
Italy's industrial production slumped 19.1 percent from a month earlier in April 2020 after falling at a record 28.4 percent in March and compared to market expectations of a 24 percent drop. Output contracted for durable (-65.5 percent vs -57.1 percent) and non-durable goods (-8.4 percent vs -21.5 percent) as well as intermediate (-24.6 percent vs -27.5 percent) and capital goods (-21.8 percent vs -39.9 percent). Meanwhile, energy production rebounded 0.7 percent, after falling 8.8 percent in March.
2020-06-11
Italy Industrial Output Falls at Record Pace
Industrial production in Italy tumbled 28.4 percent from a month earlier in March of 2020, following a downwardly revised 1 percent fall in the previous month and compared to market expectations of a 20 percent drop. It was the biggest decline in industrial activity since the series began in 1990, due to the negative impact of the coronavirus outbreak. Output fell for all main components: consumer goods (-27.2 percent vs -0.9 percent); energy (-10.1 percent vs 2.7 percent); intermediate goods (-27.3 percent vs -1.1 percent) and investment goods (-39.9 percent vs 0.3 percent). Year-on-year, industrial production slumped 29.3 percent, also a record low and after an upwardly revised 2.3 percent decrease.
2020-05-11
Italy Industrial Output Falls Less than Expected
Industrial production in Italy decreased 1.2 percent from a month earlier in February 2020, down from a downwardly revised 3.6 percent rise in January and compared to market expectations of a 1.7 percent decline ahead of coronavirus impact. Output fell for consumer goods (-0.9 percent vs 2.6 percent in January) and intermediate goods (-1.1 percent vs 3.4 percent). Also, production for investment goods showed no growth, after a 4.2 percent jump in January. On the other hand, energy production advanced faster (2.7 percent vs 1.5 percent). Year-on-year, industrial production fell 2.4 percent, following a 0.2 percent drop in the previous month.
2020-04-09

Italy Industrial Production MoM
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.