Latest reading: Industrial output increased 4.9% year on year in calendar-adjusted terms in April, which was above March’s 1.8% increase....
Industrial Production in Italy
In the year 2024, the industrial production in Italy was -3.92%, compared to -0.63% in 2014 and -2.13% in 2023. It averaged 0.09% over the last decade. For more information on industry, visit our dedicated page
Italy Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Italy from 2024 to 2023.
Source: Macrobond.
Italy Industry Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | -1.2 | -11.0 | 11.7 | 0.4 | -2.1 |
Industrial output bounces back in March
Latest reading: Industrial output grew 0.1% in month-on-month seasonally adjusted terms in March (February: -0.9% mom s.a.). The pickup was largely driven by a rebound in manufacturing production. In contrast, mining and quarrying output decelerated and energy supply contracted. On an annual basis, industrial production declined 1.9% in March, easing from February’s 2.7% fall. Accordingly, the trend improved, with the annual average variation of industrial production coming in at minus 3.5%, up from February's minus 3.6% reading.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Italian industry projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Italian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Italian industry projections.
Want to get access to the full dataset of Italian industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Argentina: Industrial output growth rises in April Latest reading: Industrial output expanded 8.5% compared to the same month of the previous year in April, which was above... -
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