Istat, industrial production in March grew more than estimated – MondialiBrasile.com

Good news for the Italian industry, which even in March surprised and grows beyond analysts’ expectations.

The seasonally adjusted index was up by 0.4% from the previous month. The notes Istat, noting that the index, adjusted for calendar effects, rose in trend terms by 1.5%. It is a progress better than expected by economists who had expected a 0.2%.

In the first quarter there was an increase of 0.3% on the quarter of 2014 and the change acquired in the second quarter was + 0.6% (+ 0.5% inherited from the former). The seasonally adjusted index, adds the Mayor, has positive short-term changes in the groupings of consumer goods (+ 1.4%) and intermediate goods (+ 0.3%); instead decrease capital goods (-0.2%) and Energy (-0.1%).

Specifically then in March there were increases in the sectors of energy (+4.8 %), consumer goods (+ 3.5%) and, to a milder, capital goods (+ 1.4%); are down the decrease in intermediate goods (-2.0%).

Boom in car production in March which marks an increase of 36.9% on-year, posting the sixth consecutive month to a rise double digits.