Italy's industrial production fell 1.4 percent from a month earlier in November 2020, following an upwardly revised 1.4 percent growth in October and compared with market expectations of a 0.4 percent drop. There were declines for output of consumer goods (-4.0 percent vs 0.5 percent in October), investment goods (-0.6 percent vs 2.6 percent) and energy products (-3.6 percent vs -3.0 percent). On the other hand, production of intermediate goods increased slightly (0.2 percent vs 1.7 percent). On a work-day adjusted year-on-year basis, output slumped 4.2 percent in November, a 21st straight month of decline. source: National Institute of Statistics (ISTAT)
Industrial Production Mom in Italy averaged 0.20 percent from 1960 until 2020, reaching an all time high of 41.40 percent in May of 2020 and a record low of -28 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 January of 2021.
Industrial Production Mom in Italy is expected to be 0.50 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 0.60 in 12 months time. In the long-term, the Italy Industrial Production MoM is projected to trend around 0.60 percent in 2022 and 0.30 percent in 2023, according to our econometric models.