Industrial production

The index measures the monthly evolution of the volume of industrial production (excluding construction). With effect from January 2013 the indices are calculated with reference to the base year 2010 using the Ateco 2007 classification (Italian edition of Nace Rev. 2).

In May 2014 the industrial production index seasonally adjusted decreased by 1.2% compared with the previous month. The percentage change of the average of the last three months with respect to the previous three months was -0.4.

The calendar adjusted industrial production index decreased by 1.8% compared with May 2013 (calendar working days in May 2014 being 21 versus 22 days in May 2013); in the period January- May 2014 the percentage change was +0.1 compared with the same period of 2013.

The unadjusted index of industrial production decreased by 4.9% compared with May 2013.