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Press release

Industrial turnover and orders

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In February 2020 the seasonally adjusted turnover index decreased by 2.1% compared to the previous month (-2.3% the domestic market and -1.5% in non-domestic market); the average of the last three months increased by 0.1% compared to the previous three months (-0.2% in domestic market and +0.8% in non-domestic market).

The seasonally adjusted industrial new orders index decreased by 4.4% compared to January (-4.4% in domestic market and -4.3% in non-domestic market); the average of the last three months increased by 0.4% compared to the previous three months (+2.3% in domestic market and -2.3% in non-domestic market).

With respect to the same month of the previous year the calendar adjusted industrial turnover index increased by 0.9% (-0.3% in domestic market and +3.3% in non-domestic market). Calendar working days in February 2020 were 20 as in February 2019.

The unadjusted industrial new orders index decreased by 2.6% with respect to the same month of the previous year (-4.2% in domestic market and -0.2% in non-domestic market).

With reference to the seasonally adjusted volume turnover index (only for the manufacturing sector), February 2020 decreased by 2.0% compared to the previous month and the average of the last three months by 0.4% compared to the previous three months; the calendar adjusted volume turnover index decreased by 0.3% with respect to the same month of the previous year.

The pandemic emergency impacted on the data collection of the survey and a moderate loss in the responses rate was registered. Strategies implemented to deal with the missing responses allowed to calculate and release accurate indices for February 2020 (for further details see Methodological note, page 8).

Reference period: February 2020

Date of Issue: 22 April 2020

Next release: 15 May 2020

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