Industrial production in Italy edged up 0.2 percent from a month earlier in February of 2021, easing from an upwardly revised 1.1 percent rise in January. It was the third consecutive month of gains in industrial activity but below market expectations of a 0.7 percent gain. Output declined for intermediate goods (-0.5 percent vs 0.4 percent in January); investment goods (-1.7 percent vs 1.7 percent) and energy (-2 percent vs -0.8 percent). On the other hand, production of consumer goods advanced faster (2.6 percent vs 1.6 percent). On a work-day adjusted year-on-year basis, industrial production decreased 0.6 percent, a 24th straight decline, following a 2.1 percent drop in January. 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 42.20 percent in May of 2020 and a record low of -27.80 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 May of 2021.
Industrial Production Mom in Italy is expected to be 0.60 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.