Istat, collapse of 7.2% for industrial production in April
The month of April records a considerable decline in the industrial sector. Production has continued to fall for four months now and there is a cyclical downturn of the seasonally adjusted index. In April, therefore, the seasonally adjusted index of industrial production is estimated to decrease by 1.9% compared to March. The picture is also negative on a quarterly basis: on average in the February-April period, the level of production decreased by 1.3% compared to the previous three months, with decreases involving all the main sectors.
The negative changes Indeed, they characterize intermediate goods (-2,6%), i capital goods (-2.1%) and, to a lesser extent, consumer goods (-0.4%) and energy (-0.3%). Fixed for calendar effects, as of April 2023 l‘overall index decreases in trend terms 7.2% (the calendar working days were 18 against 19 in April 2022), according to what emerges from the surveys.
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