Industry turnover and orders

In January, compared to the previous month, industry recorded a drop in both turnover (-3.5%) and orders (-2.9%), after three months of economic growth.

The decrease in turnover is greater on the foreign market (-5.4%) than on the domestic market (-2.3%). On the other hand, orders recorded an increase on the foreign market (+2.6%) and a decrease on the domestic one (-6.6%).

The decline recorded in January does not change the growth trend detectable on a quarterly basis: on average for the last three months, the overall turnover index is in fact up by 1.7% compared to the previous three months, with similar trends for the market domestic and foreign.

Corrected for calendar effects (working days were 21 against 19 in January 2016), total turnover grew in trend terms by 1.5% (+1.5% on the domestic market and +1.3% on the foreign market) .

The seasonally adjusted turnover indices show a cyclical increase for energy (+3.5%), while declines are recorded for capital goods (-5.1%), intermediate goods (-3.5%) and consumption (-3.4%).

The raw turnover index grows, in trend terms, by 8.2%: the largest contribution to this increase comes from the internal component of intermediate goods.

In terms of turnover, the most significant trend increase is recorded in the manufacture of coke and refined petroleum products (+18.9%), while the greatest decrease in the manufacturing sector concerns the other manufacturing industries, repair and installation of machinery and equipment (-9. 6%).

In comparison with the month of January 2016, the raw index of orders marks an increase of 8.6%. The most significant increase was recorded in the manufacture of means of transport (+21.6%), while the greatest decline was observed in the manufacture of computers, electronic and optical products (-15.8%).

Full text and methodological note

ISTAT press release - 28 March 2017 - Reference period January 2017

Production of basic pharmaceutical products and pharmaceutical preparations

Turnover Jan 17 / Jan 16: +10,6

Orders Jan 17 / Jan 16: +16,0