MILAN – Dodge in industrial production in March, the highest since August of 2011: the indicator Istat showed a growth of 0.4% compared to February (seasonally adjusted) and 4, 3% compared to March 2014 (raw index). Adjusted for calendar effects, the increase compared to March 2014 was 1.5%. The Statistical Institute adds that, in the quarter, the decline in industrial production is reduced to 0.1% per annum. If you look instead to the comparison with the first quarter of 2015 (the last census) and its predecessor, the 0.3% increase is the largest increase for industrial production for over a year to find a highest figure we must turn to the fourth quarter 2013 (+ 0.4%). It is also the second consecutive quarterly increase (to October December was up 0.2% on the previous quarter). The positive data bissano surveys on Thursday, from which emerged the potential economic recovery in Italian.
In terms of sectors of economic activity, says Istat, “the sectors that registered the greatest growth trend are the production of products Basic pharmaceutical and pharmaceutical preparations (+ 22.2%), manufacture of coke and refined petroleum products (+ 15.9%) and manufacture of transport equipment (+ 13.2%). The largest decreases are recorded in sectors of the mining (-9.4%), wood industry, paper and printing (-5.9%) and the manufacture of electrical and non-electrical household equipment (-5.1%) .
It is the strong dynamics of the production of motor vehicles, which rose by 36.9% on March 2014: This is the sixth month of double-digit increase in a row. In the middle of the first quarter, the increase is equal to 36.2%.
The statistics, released without briefing the press because of the protest of workers Istat, show 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%). In trend terms, ie the 2014, “the indices adjusted for calendar effects recorded in March 2015, increases in the sectors of energy (+ 4.8%), consumer goods (+ 3.5%) and, in a more mild, capital goods (+ 1.4%) are down the decrease in intermediate goods (-2.0%). “
After the Istat data, also came estimates Centro Studi Confindustria for April: Avenue of Astronomy has been an increase in industrial production of 0.1% over March, when there was an increase of 0.4% on February, announced today by ISTAT. Compared with September 2014, the previous low point, activity levels are higher by 1.5%. In the first quarter there was an increase of 0.3% on the quarter in 2014, when it was registered + 0.2% on the third (revised upwards from -0.1% previously indicated). The change acquired in the second quarter of 2015 is + 0.6% (+ 0.5% inherited from the former). Qualitative indicators anticipatory signal a further strengthening of activity in the current quarter: the total orders component of Markit manufacturing PMI – in area of expansion for the third consecutive month – indicates a robust growth in April, higher than that recorded in March ( index to 54.8 from 54.5) and supported mainly by domestic demand; the foreign orders component still shows a very positive trend.
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