Industrial production

The index measures the monthly evolution of the volume of industrial production (excluding construction). Since January 2009 the indices have been calculated with reference to the base year 2005 using the new Ateco 2007 classification (Italian edition of Nace Rev. 2).

In May 2012 the industrial production index seasonally adjusted increased by 0.8% compared with the previous month. The percentage change of the average of the last three months with respect to the previous three months decreased by 1.9.

The calendar adjusted industrial production index decreased by 6.9 % compared with May 2011 (calendar working days in May 2012 being the same as in May 2011); in the period January-May 2012 the percentage change was -6.7 compared with the same period of 2011.

The unadjusted index of industrial production decreased by 6.8% compared with May 2011.