20/9/2011 00:00:00

According to Istat, the industry’s turnover grew in July, seasonally adjusted, by 1.6% from the previous month, with increases of 0.3% on the domestic market and 4.6% on the foreign. In average in the last three months (May-July), the index decreased by 0.6% over the previous three months (February-April). Adjusted for calendar effects (working days were 21, compared to 22 in July 2010) the turnover grew by 7.7% in trend terms, with a greater increase in the foreign market (+10.7%) than domestic (+6.4%). The seasonally adjusted indices of turnover mark conjuncture increases of 3.1% for capital goods, 2.2% for intermediate goods and 0.7% for consumer goods (among the latter, the long-lasting increase by 1.1% and non-durable by 0.6%). A 1.4% decrease is observed for energy. In the trend comparison, the broader contribution to revenue growth comes from the intermediate goods, both for the domestic component and the foreign one. The sectors of economic activity for which there are, compared to July 2010, the largest increases of total sales are the manufacture of transport (+26.4%) and the manufacture of coke and refined petroleum products (+14, 5%). As for total orders, there is a conjuncture growth by 1.8%, reflecting an increase of 2.2% of domestic orders and 1.3% of those from abroad. As average of the last three months, total orders fell by 0.3% over the previous quarter. In comparison with the month of July 2010, raw orders mark a growth of 6.5%. As for orders, the greatest trend increases are observed for the manufacture of transport (+39.1%) and metallurgy and manufacture of fabricated metal products (+9.9%).

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