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Industrial turnover and orders
The industrial turnover index measures the monthly evolution of sales by industrial enterprises at current prices. The new orders index is an indicator of the value of future deliveries of products (and services directly linked to these products) to be provided by industrial producers. Since 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 January 2017 the seasonally adjusted turnover index decreased by -3.5% compared to the previous month (-2.3% in domestic market and -5.4% in non-domestic market). The percentage change of the average of the last three months compared to the previous three months was +1.7% (+1.7% in domestic market and +1.8% in non-domestic market).
In January 2017 the seasonally adjusted industrial new orders index decreased by -2.9% compared with December 2016 (-6.6% in domestic market and +2.6% in non-domestic
market). The percentage change of the average of the last three months compared to the previous three months was +0.8% (+0.5% in domestic market and +1.3% in non-domestic market).
With respect to the same month of the previous year the calendar adjusted industrial turnover index increased by +1.5% (calendar working days being 21 versus 19 days in January 2016).
In January 2017 the unadjusted industrial new orders index increased by +8.6% with respect to the same month of the previous year.
In January 2017 the seasonally adjusted volume turnover index (only for the manufacture sector) decreased by -4.3% compared with December 2016.