11/10/2011 00:00:00
According to Istat, in August 2011, the seasonally adjusted index of industrial production increased by 4.3% compared to July. In the average of the June-August quarter, the index rose by 0.7% compared to the immediately preceding quarter. Adjusted for calendar effects, the index in August rose in trend terms by 4.7% (there have been 22 working days like to August 2010). In the average of the first eight months of the year, production increased by 1.7% over the same period last year. The indices adjusted for calendar effects in August 2011 recorded a sustained growth trend for clusters of intermediate goods (+8.3%) and capital goods (+6.9%). Significantly increasing energy production (+3.5%), whereas there was a more limited increase for consumer goods (+0.6%). Comparing trends, the sectors marked by the most pronounced growth are: metallurgy and manufacture of fabricated metal products except machinery and equipment (+16.8%), other manufacturing, repair and installation of machinery and equipment (+13, 0%) and manufacture of machinery and equipment n.e.c. (+12.9%). In August the sector recording the broader decreasing trend is textile, clothing, leather and accessories (-10.1%).
