Industry, production returns to growth and exports flies: + 7% in the South – BBC

istat

Milan , Sept. 11, 2015 – 10:47

     
     
 

Good news for both the Italian industrial production and for export. In July, after declining the previous month, industrial production returned to growth with a 1.1% increase from the previous month and by 2.7% compared to July 2014. The economic data show all the main productive sectors with an average improvement in the first seven months of 2015 to 0.7%.

Capital goods

The main contributors to the increase trend of ‘general index in July are from capital goods (up 5.3%) and energy (up 10.7%, mainly due to climatic factors). But sectors in greater progress in the year are the manufacture of transport equipment (+ 20.1%) and the main production car: in July the fund recorded an increase of 44.9% over the same month of 2014 . Well even the supply of electricity, gas, steam and air (+ 12.0%) and manufacture of coke and refined petroleum products (+ 11.7%). The largest decreases are recorded in mining (-5.0%), metallurgy and manufacture of fabricated metal products, except machinery and equipment (-2.4%) and in manufacture of electrical and non-electrical equipment for domestic use (-0.8%). “We hope that today’s data on industrial production is confirmed in the coming months. It is certainly positive – said the president of Confindustria, Giorgio Squinzi on the sidelines of the industrialists in Turin -. There is a new atmosphere, a bit ‘of positive data are there, but talk of recovery is a bit’ risky ‘.

Export

But in the meantime to grow and much, is also the foreign trade for the first half showed a + 5% and the South is the area of ​​the country with the largest growth (+ 7%), even higher than the average for the North-East (+ 6%). Followed by the North-West (+ 4.7%), the Centre (+ 4.3%) and the Islands, the only area contraction (-2.9%). Among the regions that provide the greatest contribution to the growth trend of national exports in the first half Istat noted: Piedmont (+ 9.6%), Veneto (+ 7.3%), Lombardy (+2.6 %), Lazio (+ 14.4%) and the Emilia-Romagna (+ 4.4%). In contrast, regions that contribute negatively to the growth of national exports in the first half of 2015, Sicily (-8.2%), the Marches (-2.8%) and Molise (-3.3%). The increase in exports of motor vehicles from Piedmont, Basilicata, Emilia-Romagna and Lombardy and of pharmaceuticals, medicinal chemical and botanical from Lazio explains one third the increase of national exports in the first half

September 11, 2015 (modified September 11, 2015 | 24:11)

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