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Industry: Istat, April production + 1.8%, plus pre-Covid

2021-06-10T19:18:02.443Z


Rebound of 79.5% in the annual comparison with the lockdown (ANSA) In April 2021 the seasonally adjusted index of industrial production is estimated to increase by 1.8% compared to March: this is the fifth consecutive month of economic growth and the level "exceeds the pre-pandemic levels of February 2020" . Istat communicates this, also indicating the very strong trend rebound. In the annual comparison and adjusted for calendar effects, the overall index increa


In April 2021 the seasonally adjusted index of industrial production is estimated to increase by 1.8% compared to March:

this is the fifth consecutive month of economic growth and the level "exceeds the pre-pandemic levels of February 2020"

.

Istat communicates this, also indicating the very strong trend rebound.

In the annual comparison and adjusted for calendar effects, the overall index increases by 79.5%, "due to the exceptionally low figure of April 2020", when the greatest restrictions on production activities for the containment of Covid took place, with the lockdown.

On the average of the February-April period, Istat also indicates, the level of industrial production grew by 1.9% compared to the previous three months. The monthly seasonally adjusted index shows cyclical increases in all the main groups of industries: positive changes characterize, in fact, capital goods (+ 3.1%), energy (+ 2.4%), intermediate goods (+1 , 1%) and, to a lesser extent, consumer goods (+ 0.5%). In the annual comparison, "extraordinarily large" increases characterize all sectors: the increase, less pronounced for energy (+ 14.2%), is very high for capital goods (+ 119.5%), intermediate goods ( + 98.1%) and consumer goods (+ 62.2%). All the main sectors of economic activity recorded increases on a trend basis,excluding the production of basic pharmaceutical products (-3.2%). The largest growth characterizes the sectors of the textile, clothing, leather and accessories industries (+ 363.2%), the manufacturing of means of transport (+ 327.3%), other industries (+ 160.9%), manufacture of rubber and plastic materials (+ 149.3%) and metallurgy and manufacture of metal products (+ 132.8%).


Source: ansa

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