New orders for Italy's industrial goods plunged 26.5 percent over a month earlier in March 2020, following a downwardly revised 4.1 percent fall in the previous month. It was the biggest decline in industrial orders on record, amid lockdowns and factories closures due to the coronavirus pandemic. Demand from both the foreign market (-21.4 percent vs -3.7 percent in February) and the domestic market (-29.9 percent vs -4.4 percent) dropped further. Year-on-year, factory orders slumped 26.6 percent, after declining a downwardly revised 2.5 percent in the prior month. Considering the first quarter of the year, new orders for industrial goods went down 10.8 percent compared to the same period of 2019.

Factory Orders in Italy averaged 0.15 percent from 1990 until 2020, reaching an all time high of 14.40 percent in August of 1994 and a record low of -26.50 percent in March of 2020. This page provides the latest reported value for - Italy Industrial New Orders - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Industrial New Orders - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: National Institute of Statistics (ISTAT)

Factory Orders in Italy is expected to be 0.80 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 2021, according to our econometric models.

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Italy Industrial New Orders

Actual Previous Highest Lowest Dates Unit Frequency
-26.50 -4.10 14.40 -26.50 1990 - 2020 percent Monthly
2015=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-21 09:00 AM Industrial Orders MoM Dec 1.4% -0.2% -0.6% -0.4%
2020-03-18 09:00 AM Industrial Orders MoM Jan 1.2% 1.3% -0.2% -0.6%
2020-04-22 08:00 AM Industrial Orders MoM Feb -4.4% 1.1% -3.6%
2020-05-15 08:00 AM Industrial Orders MoM Mar -26.5% -4.1% -7.8%
2020-06-17 08:00 AM Industrial Orders MoM Apr -26.5%
2020-07-17 08:00 AM Industrial Orders MoM May
2020-08-27 08:00 AM Industrial Orders MoM Jun 0.8%
2020-09-18 08:00 AM Industrial Orders MoM Jul


News Stream
Italy Industrial New Orders Fall at Record Pace
New orders for Italy's industrial goods plunged 26.5 percent over a month earlier in March 2020, following a downwardly revised 4.1 percent fall in the previous month. It was the biggest decline in industrial orders on record, amid lockdowns and factories closures due to the coronavirus pandemic. Demand from both the foreign market (-21.4 percent vs -3.7 percent in February) and the domestic market (-29.9 percent vs -4.4 percent) dropped further. Year-on-year, factory orders slumped 26.6 percent, after declining a downwardly revised 2.5 percent in the prior month. Considering the first quarter of the year, new orders for industrial goods went down 10.8 percent compared to the same period of 2019.
2020-05-15
Italy Industrial New Orders Fall the Most in 2 Years
New orders for Italy's industrial goods declined 4.4 percent from a month earlier in February of 2020, following a downwardly revised 1.1 percent rise in January. It was the sharpest fall in industrial orders since January of 2018, as demand from the foreign market slid (-4.3 percent vs 9.1 percent in January) while that from the domestic market decreased faster (-4.4 percent vs -3.9 percent). Year-on-year, factory orders dropped 2.6 percent, after an upwardly revised 1.9 percent drop in the previous month.
2020-04-22
Italy January Industrial Orders Unexpectedly Rise 1.2%
New orders for Italy's industrial goods increased 1.2 percent from a month earlier in January of 2020, following a downwardly revised 1.3 percent rise in December but against market expectations of a 0.2 percent drop. Demand from the foreign market rebounded significantly (9.1 percent vs -6.4 percent in December) while that from the domestic market declined (-3.7 percent vs 6.7 percent). Year-on-year, factory orders shrank 1.8 percent, after a downwardly revised 5.7 percent gain in the previous month and compared with market estimates of a 0.7 percent decrease.
2020-03-18
Italy Industrial New Orders Unexpectedly Rebound
New orders for Italy’s industrial goods increased 1.4 percent from a month earlier in December 2019, recovering from a downwardly revised 0.2 percent fall in November and beating market expectations of a 0.6 percent drop. It was the biggest gain in factory orders since May, as a sharp rise in demand from the domestic market (6.9 percent vs 0.3 percent in November) more than offset a slump in demand from the foreign market (-6.4 percent vs -0.9 percent). Year-on-year, factory orders jumped 6.0 percent, the most since January 2018.
2020-02-21

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