Industrial orders rose 10,2% quarter on month in August (seasonally adjusted data) and 15,9% yoy, the highest figure since January 2011 (raw data). Istat communicates it. Turnover rose instead by 4,1% in the quarter, also the highest since January 2011, and by 10% on a trend basis. In eight months, orders fell by 1,1% and turnover by 1,5%. It is the result of a significant increase in the foreign component against a reduction in the domestic one.
The seasonally adjusted turnover indices record, with the exception of energy which remains unchanged, cyclical increases for all the main groupings of industries, particularly relevant for capital goods (+7,3%) and for intermediate goods (+4,3% ).
For manufacturing turnover, the most significant trend increase is recorded in the manufacture of means of transport (+20,4%), while only the manufacture of coke and refined petroleum products records a decrease (-6,9%).
