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 August 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.

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Italy Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
-1.50 1.50 43.80 -28.10 1960 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-13 08:00 AM Feb 0.2% 1.1% 0.7% 0.5%
2021-05-11 08:00 AM Mar -0.1% 0.1% 0.4% 0.3%
2021-06-10 08:00 AM Apr 1.8% 0.3% 0.3% 0.1%
2021-07-09 08:00 AM May -1.5% 1.5% 0.3% 0.5%
2021-08-06 08:00 AM Jun -1.5% 1% 0.8%
2021-09-10 08:00 AM Jul
2021-10-11 08:00 AM Aug
2021-11-10 09:00 AM Sep


News Stream
Italy Industrial Output Falls Unexpectedly in May
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.
2021-07-09
Italy Industrial Output Grows More than Forecast
Italy's industrial production jumped 1.8 percent from the previous month in April 2021, a fifth consecutive monthly increase and well above market expectations of a 0.3 percent rise, amid an improvement of the economic outlook as the economy gradually re-opened. Output grew for all main product groups of consumer goods (0.5 percent), investment goods (3.1 percent), intermediate goods (1.1 percent) and energy products (2.4 percent). On a year-on-year basis, output was up 79.5 percent, as most factories in April 2020 were closed due to a coronavirus lockdown.
2021-06-10
Italy Industrial Output Falls Unexpectedly in March
Industrial production in Italy decreased 0.1 percent from a month earlier in March of 2021, after a downwardly revised 0.1 percent gain in February and missing market expectations of a 0.4 percent rise. Output fell for consumer goods (-1.5 percent vs 2.4 percent in February); while production rebounded for energy (1.8 percent vs -2 percent); intermediate goods (0.5 percent vs -0.5 percent) and investment goods (0.2 percent vs -1.9 percent). On a work-day adjusted year-on-year basis, industrial production jumped 37.7 percent, due to low base effects from last year's Covid-19 lockdowns.
2021-05-11
Italy Industrial Output Rises Less than Forecast
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.
2021-04-13

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.