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Istat: industrial production -5,2% in March

According to Istat data, industrial production in March fell by 5,2% on the year and by 0,8% on the previous month – the average for the quarter recorded a decrease of 4,2% on an annual basis.

Istat: industrial production -5,2% in March

Italian industrial production drops in March. The relative index, surveyed by Istat, showed, in fact, a contraction of 0,8% compared to February and by 5,2% on an annual basis. This is the nineteenth consecutive decline. On average for the quarter, the cyclical variation was negative by 0,4%, while the tendential variation recorded a decrease of 4,2%.

 Among the sectors, the only one showing an increase compared to the same period of the previous year is that of energy, +2,2%. Sharp decline for capital goods, down by 8%. Among the sectors, the most significant increase in production is that of the supply of electricity, gas, steam and air (+6,3%). Mining activity collapses, -16%.

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