ROME (ITALPRESS) – In September, Istat estimates that the seasonally adjusted index of industrial production decreased 0.4 percent compared to August. In the average of the third quarter, the level of production declines 0.6 percent from the previous three months. The monthly seasonally adjusted index increases on a cyclical basis for intermediate goods (+1.9 percent) and capital goods (+1.8 percent); however, energy (-3.8 percent) and consumer goods (-2.5 percent) decrease. Net of calendar effects, in September 2024 the overall index decreased in trend terms by 4.0% (there were 21 calendar working days as in September 2023). Trend declines characterize all sectors: the decrease is most significant for capital goods (-5.1%), intermediate goods (-4.0%), consumer goods (-3.5%) and less pronounced for energy (-1.6%).
The sectors of economic activity with the highest trend increases are manufacturing of electrical equipment (+5.9 percent), manufacturing of computers and electronics products (+1.9 percent) and mining and quarrying (+1.8 percent). The largest declines are seen in the manufacture of transport equipment (-15.4 percent), textile, apparel, leather and accessories industries (-10.7 percent) and the manufacture of coke and refined petroleum products (-8.1 percent).
(ITALPRESS).
-Photo: Photogram Agency-
Industrial production down in September
