The car drives industrial production: + 2.7%. Renzi: “Italy has turned” – The Republic

Milan – The race car that pushes the Italian industrial production grew by 1.1% in July compared to June (when it was dropped) and above 2.7% on the same period last year: the economic data reported by Istat show all the main productive sectors improved. On average for the first seven months, production was up 0.7%. As mentioned, some of the credit is due to the production of cars that continue to score double-digit increases: in July, the sector grew by 44.9% compared to 2014, bringing the figure for the first seven months of the year to +44.2 %. For the premier Renzi, interviewed by TG1, Italy “he has turned”. “There will be an increase in growth estimates, but the most important thing is that Italians can finally have certainty .Vorrei give a message of tranquility after so many years we are no longer the problem of Europe, our economy sees plus sign. Of course – he added – there is still much to do, but finally Italy has set in motion. ” More cautious judgment of the president of Confindustria, Giorgio Squinzi: “We hope that today’s data is confirmed in the coming months. However, it is certainly positive. In fact there is a new climate but talk of recovery is still a bit ‘risky’.

To support the result is also the energy sector who scored in July + 7.1% on the month and 10.7% on year for the consumption due to high temperatures; Also positive consumer goods with + 1% and + 1.8% (especially durable with + 5.7% and + 4.3%). In trend terms only intermediate goods marked a decrease (-1.3%).

As for the economic sector, in July 2015, the sectors that have the greatest growth trend are those of manufacture of transport equipment (+ 20.1%), 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 the sectors of mining (-5.0%), metallurgy and manufacture of fabricated metal products, except machinery and equipment (-2.4%) and manufacture of electrical equipment for domestic use no electricity (-0.8%).

Arguments:

Industrial production

auto production

istat

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