Industrial production in Italy grew by 1.1% mom in December 2023 reversing a revised 1.3% drop in November and coming above the market estimates of a 0.9% rise. The output rebounded for consumer goods (3% vs -1.6%), capital goods (1.6% vs 0%), and intermediate goods (0.8% vs -1.8%). Also, softer fall was recorded in energy goods (-2% vs -4.1%). On a yearly basis, industrial output plunged by 2.1% in December, marking the 11th consecutive period of a negative reading but the smallest decrease since September. For the whole of 2023, the output dropped by 2.5% compared to 0.4% increase in 2022. Cyclical declines were recorded in all quarters, with the exception of the third one, when there was slight recovery. source: National Institute of Statistics (ISTAT)

Industrial Production in Italy increased 1.10 percent in December of 2023 over the previous month. Industrial Production Mom in Italy averaged 0.19 percent from 1960 until 2023, reaching an all time high of 44.70 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 March of 2024.

Industrial Production in Italy increased 1.10 percent in December of 2023 over the previous month. Industrial Production Mom in Italy is expected to be -0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Industrial Production MoM is projected to trend around 0.20 percent in 2025, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Width
Height

Italy Industrial Production MoM


Calendar GMT Reference Actual Previous Consensus TEForecast
2024-01-11 09:00 AM
Industrial Production MoM
Nov -1.5% -0.2% -0.2% 0.2%
2024-02-09 09:00 AM
Industrial Production MoM
Dec 1.1% -1.3% 0.9% 0.7%
2024-03-20 09:00 AM
Industrial Production MoM
Jan 1.1%


Related Last Previous Unit Reference
Business Confidence 87.30 88.10 points Feb 2024
Industrial Production Mom 1.10 -1.30 percent Dec 2023
Industrial Production -2.10 -2.90 percent Dec 2023
Manufacturing Production -2.20 -3.42 percent Dec 2023
Capacity Utilization 75.50 76.30 percent Dec 2023
Factory Orders 1.70 -1.40 percent Dec 2020
New Orders 123.00 109.70 points Dec 2020
Changes in Inventories 503.30 6943.20 EUR Million Sep 2023
Mining Production -2.14 -1.50 percent Dec 2023
Manufacturing Sales 2.10 -0.90 percent Dec 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
1.10 -1.30 44.70 -28.10 1960 - 2023 percent Monthly
SA

News Stream
Italy Industrial Production Grows More than Expected
Industrial production in Italy grew by 1.1% mom in December 2023 reversing a revised 1.3% drop in November and coming above the market estimates of a 0.9% rise. The output rebounded for consumer goods (3% vs -1.6%), capital goods (1.6% vs 0%), and intermediate goods (0.8% vs -1.8%). Also, softer fall was recorded in energy goods (-2% vs -4.1%). On a yearly basis, industrial output plunged by 2.1% in December, marking the 11th consecutive period of a negative reading but the smallest decrease since September. For the whole of 2023, the output dropped by 2.5% compared to 0.4% increase in 2022. Cyclical declines were recorded in all quarters, with the exception of the third one, when there was slight recovery.
2024-02-09
Italy Industrial Production Falls Most Since April
Industrial production in Italy fell by 1.5% mom in November 2023 compared to 0.2% drop in October and the estimates of a 0.2% decline. It was also the largest contraction since April as the country's economy struggled amid elevated rates. The decreases were seen in production of energy goods (-4% vs 1.4%), consumer goods (-1.8% vs 0.3%), intermediate goods (-1.8% vs -0.5%), and capital goods (-0.2% vs -0.5%). On a yearly basis, industrial output plunged by 3.1%, marking the 10th consecutive period of a negative reading.
2024-01-11
Italy Industrial Production Falls Less than Anticipated
Industrial production in Italy slipped by 0.2% mom in October 2023, following the upwardly revised 0.1% rise in September and coming slightly better than the forecasts of a 0.3% drop. The reading confirmed the weakness in the country's economy amid elevated rates, with the contraction in capital goods (-0.5% vs 1.5%) and intermediate goods (-0.4% vs 0.7%) offsetting gains in consumer goods (0.4% vs -2.1%) and energy goods (1.5% vs 1%). On a yearly basis, industrial output decreased by 1.1%, slowing from a 2% fall in the previous period.
2023-12-07