After the drop in October certified today by Istat, in November industrial production recorded a marginal recovery on a monthly basis (+0,1%), but fell further on an annual basis (-1,9%). This is what we read in the latest estimates of the Confindustria Study Center. “Orders in volume increased by 0,2% in November over October and by 0,9% over November 2013 – write the via dell'Astronomia analysts -. In October they had increased by 0,3% over September and by 0,7% over twelve months”.
As regards the fourth quarter, "the qualitative indicators - continues the CSC - signal, overall, substantial stability: the confidence surveyed by Istat among manufacturing companies also improved in November (+0,2 points from +0,7, 20 in October) and settled on the average of the last two months at values slightly lower than those of the third quarter; the balance of judgments on production levels rose for the second consecutive month (-21 from -25) and is in line with the average for the third quarter; that on total orders remained stable (-XNUMX) but showed a worsening of the foreign component; production expectations have improved, while those on orders, which had recorded a recovery in October, have remained unchanged”.
