Share

Industry, Istat: revenues +3,4%, boom in orders

In August, industrial production grew for the tenth month in a row in August, but the explosion of orders (+12,2%) is even more surprising, even if compared with August 2016 which in turn recorded +16,5% .

Tenth consecutive month of growth for industry revenues and a decisive jump also with regard to turnover, which in August grew on a trend basis by 3,4%, by two points compared to the previous month: the seasonally adjusted index 105,7, the highest since December 2011.

The increases are linked both to the internal market (+2,3) and to the foreign one (+5,7%) with the most consistent progress for durable consumer goods and intermediate goods.

A significant contribution is offered in general by the mechanical area, with metallurgy and metal products growing by more than 10 points, while for machinery the progress is 8,8%.

The indications on orders, on the other hand, seem to confirm the improved prospects for the next few months, with orders growing by 12,2%, the result of a collective leap that concerns both domestic demand and exports. A significant figure also because it compares with a particularly tonic August 2016: at the time the growth in orders was 16,5%.

comments