In December 2020, the seasonally adjusted industrial production index is estimated to decrease by 0.2% compared to November. On average in the fourth quarter, the decrease is 0.8% compared to the previous quarter.
The seasonally adjusted monthly index shows a sustained cyclical increase for energy (+1.8%) and a more modest increase for intermediate goods (+1.0%), while decreases characterize capital goods (-0.8%) and, to a lesser extent, consumer goods (-0.3%).
Corrected for calendar effects, in December 2020 the overall index decreased in trend terms by 2.0% (there were 21 calendar working days, against 20 in December 2019). A tendential increase is recorded only for intermediate goods (+4.1%), while the remaining sectors show declines, with a pronounced drop for consumer goods (-9.8%) and less marked for other aggregates (-2.1% for capital goods and -0.7% for energy).
The sectors of economic activity that recorded the greatest trend increases are the manufacture of rubber and plastic materials (+10.9%), the manufacture of chemical products (+7.5%) and the manufacture of electrical equipment (+6.8%). Conversely, the more push-ups they are recorded in the textile, clothing, leather and accessories industries (-28.5%), in the manufacture of coke and refined petroleum products (-16.5%) and in the manufacture of basic pharmaceutical products and preparations (-10.9%)
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