Industrial production decreased in June. Italian economy into the abyss – Affaritaliani.it

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industrial production , the new drop in June . Istat a decrease of 0.4% compared to May and by 1% compared to 2015. This is the highest tendency to fall from January 2015 (when it was 2.1%). Compared to May all groupings were down except capital goods, stationary. Fall intermediate goods (-1.1%), consumer (-1.0%) and energy (-0.7%). On average for the first six months of the year, however, production increased by 0.8% compared to the same period last year. On average in the second quarter of 2016, the industrial production registered a 0.4% decrease against the previous quarter. This was communicated by Istat, which in the previous three months had recorded a 0.4% growth. That of the second quarter of 2016 is the worst quarterly result since the third quarter of 2014, when the decline was 0.7%. In trend terms the decline of June is the same (-1%) both for raw data, for which the correct ones for calendar (machined effects were 21 days as in 2015). Showed an increase on the year only intermediate goods (+ 0.8%), however diminish the energy (-5.5%) and, to a lesser extent, consumer goods (-2.1%) and capital goods (-0.3%).

Among the sectors of economic activity, see the greatest growth trend in the manufacture of computer, electronic and optical products, medical equipment, measuring equipment and watches ( + 2.3%), metallurgy and manufacture of fabricated metal products, except machinery and equipment (+ 1.4%) and the manufacturing of chemical products (+ 0.8%). The largest decreases are instead recorded in mining (-19.2%), manufacture of basic pharmaceutical products and pharmaceutical preparations (-7.0%) and manufacture of coke and refined petroleum products? (- 4.8 %).

At the same time, Istat recorded a growth in employment. However, the time increases to more than stable. In the monthly note, in fact, it points out in the second quarter, looking at the types of contracts, “there was a more marked increase in employment term employees (+ 2.6% over the first quarter) and independent component (+1.1 %) compared to the moderate growth of permanent employees (+ 0.2%). “

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