Italy's industrial output plunged 4.3 percent year-on-year in December 2019, following a revised 0.8 percent fall in the previous month and compared to market expectations of a 0.2 percent drop. That was the steepest decline in production since December 2018. Over the whole of 2019 industrial output contracted 1.3 percent from the year before, the first annual drop since 2014. Italy Industrial Production - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Industrial Production in Italy averaged 0.01 percent from 1991 until 2019, reaching an all time high of 17.50 percent in August of 1994 and a record low of -25.90 percent in March of 2009. This page provides the latest reported value for - Italy Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: National Institute of Statistics (ISTAT)

Industrial Production in Italy is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Italy to stand at 1.20 in 12 months time. In the long-term, the Italy Industrial Production is projected to trend around 1.60 percent in 2021, according to our econometric models.

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Italy Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-4.30 -0.80 17.50 -25.90 1991 - 2019 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-11-11 09:00 AM Sep -2.1% -1.7% -2.1% -1.8%
2019-12-10 09:00 AM Oct -2.4% -2.2% -2.1% -1.8%
2020-01-10 09:00 AM Nov -0.6% -2.4% -0.6% -0.4%
2020-02-10 09:00 AM Dec -4.3% -0.8% -0.2% -1.2%
2020-03-10 09:00 AM Jan -4.3% -3.2%
2020-04-09 08:00 AM Feb
2020-05-11 08:00 AM Mar 0.7%
2020-06-11 08:00 AM Apr

Italy Industrial Production
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.