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Industrial turnover and orders
The industrial turnover index measures the monthly evolution of sales by industrial enterprises at current prices. The new orders index is an indicator of the value of future deliveries of products (and services directly linked to these products) to be provided by industrial producers. Since January 2013 the indices are calculated with reference to the base year 2010 using the new Ateco 2007 classification (Italian edition of Nace Rev. 2).
In February 2014 the seasonally adjusted turnover index decreased by 1.5% compared to the previous month (-1.8% in domestic market and -0.7% in non-domestic market). The percentage change of the average of the last three months compared to the previous three months was +0.5% (+0.3% in domestic market and +0.7% in non-domestic one).
In February 2014 the seasonally adjusted industrial new orders index decreased by 3.1% with respect to January 2014 (-2.2% in domestic market and -4.4% in non-domestic market). The percentage change of the average of the last three months compared to the previous three months was -2.3% (-2.2% in domestic market and -2.4% in non-domestic one).
With respect to the same month of the previous year the calendar adjusted industrial turnover index increased by 1.2% (calendar working days in February 2014 being 20 as in February 2013).
In February 2014 the unadjusted industrial new orders index increased by 2.8 per cent with respect to the same month of the previous year.