According to ISTAT, in May 2011 the seasonally adjusted index of industrial production decreased by 0.6% compared to April. In the average of March-May quarter the index rose by 1.6% compared to the immediately preceding quarter. Adjusted for calendar effects, the index in May rose in trend terms by 1.8% (working days have been 22 vs. 21 in May 2010). In the average of the first five months of the year, production grew by 2.4% over the same period last year. The indices corrected for calendar effects in May 2011 recorded a growth trend for clusters of capital goods (+4.3%) and intermediate goods (+3.1%). Instead, decreased consumer goods (-1.5%) and, in more content way, energy (-0.4%). Comparing trends, industry characterized by a marked growth are: manufacture of machinery and equipment nec (+10.5%), mining (+7.3%), metallurgy and manufacture of fabricated metal products except machinery and equipment (+6.6%). The sector recording the largest decline trend in May is the manufacture of chemical products (-6.8%).
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