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Press release

Industrial turnover and orders

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In May 2020 the seasonally adjusted turnover index increased by 41.9% compared to the previous month (+45.7% the domestic market and +35.2% in non-domestic market); the average of the last three months decreased by 33.0% compared to the previous three months (-33.7% in domestic market and -31.4% in non-domestic market).

The seasonally adjusted industrial new orders index rose by 42.2% compared to April (+55.9% in domestic market and +26.2% in non-domestic market); the average of the last three months dropped by 36.3% compared to the previous three months (-39.7% in domestic market and -31.2% in non-domestic market).

With respect to the same month of the previous year the calendar adjusted industrial turnover index fell by 25.9% (-25.8% in domestic market and -26.2% in non-domestic market). Calendar working days in May 2020 were 20, two less than May 2019.

The unadjusted industrial new orders index dropped by 34.7% with respect to the same month of the previous year (-34.4% in domestic market and -35.2% in non-domestic market).

The seasonally adjusted volume turnover index (only for the manufacturing sector) increased by 42.5% compared to the previous month; the average of the last three months decreased by 31.4% compared to the previous three months. The calendar adjusted volume turnover index remained 24.5% below the same month of the previous year.

The pandemic emergency did not impact on the data collection of the survey for May 2020 (for further details see Methodological note, page 8).

Reference period: May 2020

Date of Issue: 17 July 2020

Next release: 27 august 2020

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