Industrial production - May 2024

The index measures the monthly evolution of the volume of industrial production (excluding construction).
From January 2022 the indices are calculated as annual chain-linked indices instead of fixed base indices.

The weighting reference is now year 2023 while the reference base is the year 2021=100. Indices are
produced according to Ateco 2007 classification (Italian edition of Nace Rev. 2).

In May 2024 the seasonally adjusted industrial production index increased by 0.5% compared with the
previous month. The change of the average of the last three months with respect to the previous three
months was -1.6%.

The calendar adjusted industrial production index decreased by 3.3% compared with May 2023 (calendar
working days in May 2024 being the same as in May 2023).

The unadjusted industrial production index decreased by 3.3% compared with May 2023