New orders for Italy's industrial goods dropped 0.3 percent from a month earlier in November 2019, following a 0.6 percent growth in October and compared to market expectations of a flat reading. A fall in demand from the foreign market (-0.7 percent vs 1.5 percent in October) was enough to offset a slight increase in new orders from the domestic market (0.1 percent vs -0.1 percent). Year-on-year, factory orders plunged 4.3 percent, following a 1.6 percent decline in the previous month, mainly due to lower demand for electrical and non-electric domestic appliances (-25.7 percent), computers and electronics (-13.4 percent). Factory Orders in Italy averaged 0.23 percent from 1990 until 2019, reaching an all time high of 14.40 percent in August of 1994 and a record low of -12.30 percent in November of 2008. source: National Institute of Statistics (ISTAT)

Factory Orders 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. Looking forward, we estimate Factory Orders in Italy to stand at 0.20 in 12 months time. In the long-term, the Italy Industrial New Orders is projected to trend around 0.30 percent in 2020, according to our econometric models.


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Italy Industrial New Orders

Actual Previous Highest Lowest Dates Unit Frequency
-0.30 0.60 14.40 -12.30 1990 - 2019 percent Monthly
2015=100, SA



Calendar GMT Actual Previous Consensus TEForecast
2019-10-16 08:00 AM Industrial Orders MoM Aug 1.1% -2.8% 1.9% 1.1%
2019-11-19 09:00 AM Industrial Orders MoM Sep 1% 0.8% -1.5% -2.4%
2019-12-13 09:00 AM Industrial Orders MoM Oct 0.6% 0.9% 1.2% -0.6%
2020-01-22 09:00 AM Industrial Orders MoM Nov -0.3% 0.6% 0% -0.2%
2020-02-21 09:00 AM Industrial Orders MoM Dec -0.3% -0.4%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
2019-12-13
Italy Factory Orders Rise Less than Expected
Total orders for industry in Italy increased 0.6 percent from a month earlier in October 2019, following a 0.9 percent rise in each of the previous two months and below market expectations of 1.2 percent. Domestic demand fell (-0.1 percent vs 0.6 percent in September) while that of foreign market advanced faster (1.7 percent vs 1.3 percent). Year-on-year, new factory orders fell 1.5 percent, after a downwardly revised 0.2 percent gain in September but less than market consensus of a 3.4 percent slump. At the same time, industrial sales went up 0.6 percent month-over-month and declined 0.2 percent over a year earlier.

2019-11-19
Italy Industrial New Orders Unexpectedly Rise
Total orders for industry in Italy increased 1 percent from a month earlier in September 2019, up from a downwardly revised 0.8 percent gain in August and compared to market expectations of a 1.5 percent fall. Demand advanced faster in both domestic (0.7 percent vs 0.6 percent in August) and foreign markets (1.5 percent vs 1.0 percent). Year-on-year, new factory orders edged up 0.3 percent, rebounding from an upwardly revised 10.4 percent slump in the prior month. It was the first gain in industrial orders since April. At the same time, industrial sales went up 0.2 percent month-over-month and declined 1.6 percent over a year earlier.

2019-10-16
Italy Factory Orders Rebound in August
Total orders for industry in Italy rose 1.1 percent over a month earlier in August 2019, following a downwardly revised 2.8 percent decline in the prior month but missing market forecasts of a 1.9 percent gain. Demand recovered in both domestic (1.1 percent compared to -3.9 percent in July) and foreign markets (1 percent compared to -1 percent). Year-on-year, new factory orders tumbled 10 percent, the most since December 2012, following a downwardly revised 0.8 percent decrease in the prior month and more than an expected 2.6 percent fall. At the same time, industrial sales went down 0.3 percent month-over-month and declined 2.2 percent over a year earlier.

2019-09-18
Italy Industrial New Orders Fall the Most in 1-1/2-Years
Total orders for industry in Italy dropped 2.9 percent over a month earlier in July 2019, following an upwardly revised 1 percent fall in the previous month and missing market expectations of a 1.9 percent gain. It was the biggest decline in industrial orders since January last year, as domestic demand went down 4.2 percent, after increasing 0.9 percent in June. Meanwhile, foreign demand decreased at a softer pace (-0.8 percent compared to -3.8 percent in June. Year-on-year, new factory orders declined 1 percent, after an upwardly revised 4.9 percent fall in the prior month and compared with forecasts of a 2.6 percent decrease. At the same time, industrial sales went down 0.6 percent over a year earlier and fell 0.5 percent month-over-month.

2019-08-29
Italy Industrial Orders Fall 0.9% MoM in June
Total orders for industry in Italy decreased 0.9 percent from a month earlier in June of 2019, down from an upwardly revised 2.8 percent rise in the previous month. Foreign demand slumped 3.8 percent, reversing from a 2.8 percent gain in May; while domestic demand increased 1.1 percent, easing from a 2.7 percent increase. Year-on-year, new factory orders dropped 4.8 percent, following a downwardly revised 2.3 percent fall in May. At the same time, industrial sales went down 0.8 percent from the previous year and decreased 0.5 percent from the prior month.

2019-07-17
Italy Industrial New Orders Unexpectedly Rise
Total orders for industry in Italy increased 2.5 percent from a month earlier in May of 2019, up from a downwardly revised 2.2 percent fall in the previous month and against market expectations of a 1.4 percent drop. Foreign demand jumped 2.5 percent, after a 4.2 percent slump in the prior month and domestic demand climbed 2.5 percent, rebounding from a 0.8 percent decrease. Year-on-year, new factory orders went down 2.5 percent, following a 0.2 percent decline in April, below market expectations of a 4.2 percent drop. Meantime, industrial sales went up 0.3 percent from the previous year and rose 1.6 percent from the prior month.


Italy Industrial New Orders
Industrial orders measure the month over month change in orders received by industrial enterprises from domestic and foreign clients. .

Italy Business Last Previous Highest Lowest Unit
Business Confidence 99.10 99.00 121.52 71.50 points [+]
Services PMI 51.10 50.40 57.70 42.30 points [+]
Manufacturing PMI 46.20 47.60 59.00 46.20 points [+]
Industrial Production -0.60 -2.40 17.50 -25.90 percent [+]
Industrial Production Mom 0.10 -0.30 13.50 -14.80 percent [+]
Manufacturing Production -0.50 -2.70 19.40 -27.00 percent [+]
Capacity Utilization 77.10 77.20 81.00 64.90 percent [+]
New Orders 104.20 112.10 140.30 4.16 points [+]
Factory Orders -0.30 0.60 14.40 -12.30 percent [+]
Changes in Inventories -1819.20 -4224.10 4997.70 -4224.10 EUR Million [+]
Zew Economic Sentiment Index -9.20 -7.60 80.40 -61.60 [+]
Car Registrations 140075.00 150587.00 310337.00 53296.00 [+]
Internet Speed 9210.65 8669.14 9210.65 2453.86 KBps [+]
IP Addresses 13315518.00 13117319.00 18750460.00 5491532.00 IP [+]
Manufacturing Sales 0.00 0.60 7.70 -6.60 percent [+]
Mining Production 1.90 -8.10 47.30 -26.20 percent [+]
Steel Production 1971.00 2225.00 3033.00 750.00 Thousand Tonnes [+]
Competitiveness Index 71.53 70.77 71.53 4.30 Points [+]
Competitiveness Rank 30.00 31.00 49.00 30.00 [+]
Composite Pmi 49.30 49.60 59.00 48.80 points [+]
Bankruptcies 2844.00 2823.00 4543.00 955.00 Companies [+]
Ease of Doing Business 58.00 51.00 87.00 44.00 [+]
Electricity Production 25294.00 28964.00 29587.00 21347.00 Gigawatt-hour [+]
Corruption Index 53.00 52.00 55.00 29.90 Points [+]
Corruption Rank 51.00 53.00 72.00 29.00 [+]