Industrial production advanced slightly in January. It is to detect it the Study Center of Confindustria, which speaks of a increase of 0,2% compared to the month of December, while forecasting “a substantial weakness in activity for the first quarter”. The CSC also estimates that, compared to the beginning of the crisis (2008), production has fallen by 24,9%. In the morning, also published i Istat data on the trend changes in industrial production, down by 6,6% in December and at its lowest since 1998.
Order indices improve: as regards those of the manufacturing PMI, the figure rose from 44,3 points in December to 45,5 points, remaining, however, in recessive territory, while the component relating to foreign orders climbed 50 points for the first time since October, settling at 50,7 (from 49,7).
