Italy's industrial production dropped 1.5 percent from the previous month in May of 2021, after five consecutive periods of increases and against market expectations of a 0.3 percent gain. Output declined for energy (-5.2 percent vs 2.1 percent in April); consumer goods (-0.8 percent vs 0.6 percent); investment goods (-1.8 percent vs 2.4 percent) and intermediate goods (-0.8 percent vs 1.2 percent). On a work-day-adjusted year-on-year basis, industrial production rose 21.1 percent, easing from a 79 percent jump in April. source: National Institute of Statistics (ISTAT)
Industrial Production Mom in Italy averaged 0.20 percent from 1960 until 2021, reaching an all time high of 43.80 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 July of 2021.
Industrial Production Mom in Italy is expected to be -1.20 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 0.80 in 12 months time. In the long-term, the Italy Industrial Production MoM is projected to trend around 0.50 percent in 2022 and 0.40 percent in 2023, according to our econometric models.