12/9/2011 00:00:00
According to Istat, in July, the seasonally adjusted index of industrial production decreased by 0.7% compared to June. In the mean of the quarter from May to July the index fell by 0.4% compared to the immediately preceding quarter. Adjusted for calendar effects, the index declined in July in trend terms by 1.6% (working days were 21, compared to 22 in July 2010). In the mean of the first seven months of the year production is increased by 1.4% over the same period last year. The indices corrected for calendar effects recorded in July 2011, a growth trend only for the capital goods (+4.8%). Instead, decreased consumer goods (-7.0%), energy (-4.5%) and intermediate goods (-1.4%). Comparing trends, industrial sectors characterized by the most pronounced growth are: manufacture of machinery and equipment nec (+9.5%), metallurgy and manufacture of fabricated metal products except machinery and equipment (+4.5%) and other manufacturing, repair and installation of machinery and equipment (+3.6%). The sector that in July recorded the broader decrease trend is textile, clothing, leather and accessories (-20%).