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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 2018 the indices are calculated with reference to the base year 2015 using the Ateco 2007 classification (Italian edition of Nace Rev. 2).
In July 2018 the seasonally adjusted turnover index decreased by 1.0% compared to the previous month
(-1.4% in domestic market and -0.4% in non-domestic market); the average of the last three months compared to the previous three months increased by 1.4% (+1.1% in domestic market and +1.8% in non-domestic market).
In July 2018 the seasonally adjusted industrial new orders index decreased by 2.3% compared to the previous month (-2.5% in domestic market and -1.9% in non-domestic market); the average of the last three months compared to the previous three months increased by 1.1% (+1.3% in domestic market and +0.8% in non-domestic market).
With respect to the same month of the previous year the calendar adjusted industrial turnover index increased by 2.9% (July 2018 having 22 calendar working days, one more than July 2017).
In July 2018 the unadjusted industrial new orders index increased by 2.8% with respect to the same month of the previous year (+4.0% in domestic market and +1.0% in non-domestic market).
In July 2018 the seasonally adjusted volume turnover index (only for the manufacturing sector) decreased by 1.3% compared with June 2018.