Industrial production in the eurozone rose in April, partly offsetting last month’s decline as factories in the region continue to face supply chain problems and high costs. Production from factories, mines and utilities increased 0.4% over the previous month, according to Eurostat. Economists expected a 0.5% increase. In March, industrial production fell 1.4% on a […]
Tag: Industrial production
ELSTAT: 4.5% drop in industrial production in April
The General Index of Industrial Production fell by 4.5% in April compared to the corresponding index of April 2021, as reported by ELSTAT data. Compared to the corresponding comparison of April 2021 with the previous year, there was an increase of 22.7%. In particular, the average General Index of Industrial Production for the period January […]
Italy: Industrial production higher than expected in April
Italian industrial production was much stronger than expected in April, showing an increase of 1.6% compared to the previous month after an increase of 0.2% in March and strengthening the growth prospects for the second quarter. Estimates showed a drop of 1.1% in April. The data marks the third consecutive monthly decline in industrial production, […]
Germany: Industrial production grows 0.7% monthly in April vs. 1% expected
The German industrial production grew 0.7% monthly in April, improving notably after the 3.7% drop seen in March (revised figure from -3.9%). This is the best result obtained by the indicator in three months, although it has not reached market expectations, which expected an increase of 1%. Year-on-year, German industrial production falls for the second […]
Germany: VDMA cuts estimates for machine production in 2022
Estimates for the production of machinery in 2022 were downgraded by the industrial union VDMA again on Monday, as the conflict in Ukraine, supply chain problems and lockdowns in various parts of China offset the strong unfulfilled balance of orders. VDMA said it now expects production of industrial machinery labeled “Made in Germany” to increase […]
Eurostat: Big drop in industrial production in March
Industrial production fell sharply in March, both in the Eurozone and in the EU. after the rise in February, according to data released today by Eurostat. In particular, in March industrial production fell by 1.8% in the Eurozone and by 1.2% in the EU. compared to February 2022, according to estimates by the European Statistical […]
ELSTAT: 7.9% jump in industrial production
The General Index of Industrial Production jumped 7.9% in March 2022, compared to the corresponding index of March 2021, compared to an increase of 5.8% in the corresponding comparison of 2021 with 2020. In particular, according to an announcement by ELSTAT, the average General Index of Industrial Production for the period January – March 2022, […]
Italy: March industrial production is better than expected
Industrial production was better than expected in March, recording almost unchanged performance compared to the previous month, after growing by 4% in February. Analysts had expected a 1.9% drop in March. On an annual adjusted basis, industrial production increased by 3%, following the annual increase of 3.4% a month ago. However, in the first quarter […]
Italy: Industrial production fell 2.5% in April
The Research Center of the Italian Association of Industrialists Confindustria announced that in April, industrial production fell, on a monthly basis, by 2.5%. The main reason, according to the Italian media, is the consequences of the war in Ukraine. A decrease of 2% was recorded in March, while in February, on the contrary, there was […]
Eurozone industrial production rebounded as expected in February
Eurozone industrial production recovered as expected in February, thanks to increased consumer goods production that offset the decline in energy and capital goods production. In particular, as announced by Eurostat, industrial production in the 19 euro countries increased by 0.7% on a monthly basis, thus recording an increase of 2% per year, after a monthly […]