Italy's industrial production went down 0.2 percent from a month earlier in December of 2020, following a 1.4 percent drop in November, missing to market expectations of a 0.3 percent growth. There were declines for output of consumer goods (-0.3 percent vs -4 percent in November) and investment goods (-0.8 percent vs -0.7 percent). On the other hand, production of energy products rebounded (1.8 percent vs -3.4 percent) and that of intermediate goods advanced faster (1 percent vs 0.3 percent). On a work-day adjusted year-on-year basis, output fell 2 percent, 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 Mom in Italy averaged 0.20 percent from 1960 until 2020, reaching an all time high of 41.40 percent in May of 2020 and a record low of -28 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 February of 2021.

Industrial Production Mom in Italy is expected to be 0.50 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 2022 and 0.30 percent in 2023, according to our econometric models.

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Italy Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -1.40 41.40 -27.90 1960 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-10 09:00 AM Sep -5.6% 7.4% -2% -2.6%
2020-12-11 09:00 AM Oct 1.3% -5.1% 1% 1.2%
2021-01-13 09:00 AM Nov -1.4% 1.4% -0.4% -0.3%
2021-02-09 09:00 AM Dec -0.2% -1.4% 0.3% 0.3%
2021-03-09 09:00 AM Jan -0.2%
2021-04-13 08:00 AM Feb
2021-05-11 08:00 AM Mar
2021-06-10 08:00 AM Apr


News Stream
Italy Industrial Output Falls Unexpectedly in December
Italy's industrial production went down 0.2 percent from a month earlier in December of 2020, following a 1.4 percent drop in November and missing market expectations of a 0.3 percent growth. There were declines for output of consumer goods (-0.3 percent vs -4 percent in November) and investment goods (-0.8 percent vs -0.7 percent). On the other hand, production of energy products rebounded (1.8 percent vs -3.4 percent) and that of intermediate goods advanced faster (1 percent vs 0.3 percent). On a work-day adjusted year-on-year basis, output fell 2 percent, 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.
2021-02-09
Italy Industrial Output Falls More than Forecast
Italy's industrial production fell 1.4 percent from a month earlier in November 2020, following an upwardly revised 1.4 percent growth in October and compared with market expectations of a 0.4 percent drop. There were declines for output of consumer goods (-4.0 percent vs 0.5 percent in October), investment goods (-0.6 percent vs 2.6 percent) and energy products (-3.6 percent vs -3.0 percent). On the other hand, production of intermediate goods increased slightly (0.2 percent vs 1.7 percent). On a work-day adjusted year-on-year basis, output slumped 4.2 percent in November, a 21st straight month of decline.
2021-01-13
Italy Industrial Output Rises More than Forecast
Italy's industrial production rose 1.3 percent from a month earlier in October 2020, rebounding from a revised 5.1 percent slump in September and beating market expectations of 1 percent growth. There were increases in output of consumer goods (0.7 percent), investment goods (2.6 percent) and intermediate goods (1.3 percent), which were partially offset by a decline in energy goods production (-3 percent). In the three months to October, industrial output in the Eurozone's third largest economy was up 11.7 percent compared with the May-to-July period. On a work-day adjusted year-on-year basis, output was down 2.1 percent in October, a 20th straight decline.
2020-12-11
Italy Industrial Output Falls More than Expected
Italy's industrial production dropped 5.6 percent month-over-month in September 2020, after rising a downwardly revised 7.4 percent in the previous month and compared with market expectations of a 2 percent fall. It was the first decline in industrial activity after fourth successive gains amid a resurgence of coronavirus infections. Output went down for consumption goods (-4.8 percent vs 6.5 percent in August); capital goods (-3.9 percent vs 3.8 percent); intermediate goods (-1.6 percent vs 4 percent) and energy (-0.3 percent vs 3.5 percent). Year-on-year, industrial output declined 5.1 percent, following a 0.3 percent fall in the prior month and compared with forecasts of a 1.7 percent drop.
2020-11-10

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.