Italia - Produzione industriale (Mensile)

Italy’s industrial production decreased 0.3 percent from a month earlier in October 2019, following a 0.4 percent fall in the previous month and compared with market expectations of a 0.2 percent decline. It was the second straight monthly decline in industrial activity, as output dropped faster for energy (-1.9 percent vs -1.2 percent in September). In addition, production fell for investment goods (-0.8 percent vs 0.6 percent). Meantime, output slowed for consumer goods (0.3 percent vs 0.8 percent) and that of intermediate goods showed no growth (vs -1 percent). On a yearly basis, industrial production went down 2.4 percent, after an upwardly revised 2.2 percent decrease in September, the fifth consecutive month of falls.

Italy's industrial production fell 0.4 percent from a month earlier in September 2019, reversing an upwardly revised 0.4 percent growth in August and compared to market expectations of a 0.6 percent contraction. Energy goods output dropped 1.1 percent and intermediate goods production declined 1.0 percent, while increases were seen in production of both consumer (0.7 percent) and investment goods (0.6 percent). On a yearly basis, industrial output was down 2.1 percent in September, the seventh consecutive month of falls.

Italy's industrial output rose 0.3 percent from a month earlier in August 2019, following a revised 0.8 percent contraction in July and beating market expectations of 0.1 percent growth. There was an increase in production of investment (0.4 percent) and consumer goods (0.3 percent), while output declined for energy (-0.9 percent) and intermediate goods (-0.5 percent). Year-on-year, output was down 1.8 percent, following a 0.7 percent fall in the previous month.

Italy's industrial production contracted 0.7 percent from a month earlier in July 2019, following a revised 0.3 percent drop in June and compared to market expectations of 0.2 percent decline. Capital goods output fell the most (-1.6 percent vs -0.3 percent), followed by non-durable consumer goods (-0.6 percent, the same as in June) and intermediate goods (-0.2 percent vs -0.5 percent). In contrast, energy production rose 1.3 percent (vs 2.4 percent in June) and durable consumer goods output rebounded 0.9 percent (vs -1.1 percent in June).

Italy's industrial production dropped 0.2 percent from a month earlier in June 2019, following a 1 percent growth in May, while markets had forecast a 0.3 percent contraction. Consumer goods output led the declines (-0.7 percent), followed by intermediate goods (-0.6 percent) and investment goods (-0.1 percent). By contrast, energy production jumped 2.4 percent. On a work-day adjusted year-on-year basis, output shrank 1.2 percent in June, following a 0.6 percent fall in May. In the second quarter, output was down 0.7 percent compared with the previous three months, following a 1 percent rise in the first quarter.

Italy's industrial output increased 0.9 percent from a month earlier in May 2019, following an upwardly revised 0.8 percent fall in April and beating market forecasts of a 0.1 percent gain. Production rebounded for consumer goods (0.9 percent from -0.6 percent in April), of which durable (3.4 percent from -1.8 percent) and non-durable (0.4 percent from -0.3 percent); investment (1.9 percent from -2.5 percent) and intermediate goods (0.6 percent from -0.7 percent). Meanwhile energy output dropped 2.1 percent, after rising 3.5 percent in the previous month. On a yearly basis, industrial output went down 0.7 percent, following a 1.5 percent decline in April.