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Press release

Industrial turnover and orders

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In April 2020 the seasonally adjusted turnover index dropped by 29.4% compared to the previous month (-27.9% the domestic market and -32.0% in non-domestic market); the average of the last three months decreased by 23.9% compared to the previous three months (-25.3% in domestic market and -21.4% in non-domestic market).

The seasonally adjusted industrial new orders index fell by 32.2% compared to March (-33.9% in domestic market and -30.0% in non-domestic market); the average of the last three months decreased by 27.7% compared to the previous three months (-31.5% in domestic market and -22.1% in non-domestic market).

With respect to the same month of the previous year the calendar adjusted industrial turnover index plummeted by 46.9% (-48.1% in domestic market and -44.6% in non-domestic market). Calendar working days in April 2020 were 21, one more than April 2019.

The unadjusted industrial new orders index fell by 49.0% with respect to the same month of the previous year (-53.0% in domestic market and -43.6% in non-domestic market).

The seasonally adjusted volume turnover index (only for the manufacturing sector) diminished by 28.9% compared to the previous month; the average of the last three months fell by 23.4% compared to the previous three months. The calendar adjusted volume turnover index dropped by 45.9% 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 April 2020 (for further details see Methodological note, page 8).

Reference period: April 2020

Date of Issue: 17 June 2020

Next release: 17 July 2020

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