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Italy : Industrial Production  
Released On 1/12/2018 4:00:00 AM For Nov, 2017
PriorPrior RevisedConsensusActual
Month over Month0.5 %0.6 %0.6 %0.0 %
Year over Year3.1 %3.0 %3.3 %2.2 %
Definition
Industrial production measures the physical output of the nation's factories, mines and utilities. Construction is excluded. Approximately 4,100 companies provide data on more than 8,000 monthly flows of production.
 

Why Investors Care
Investors want to keep their finger on the pulse of the economy because it usually dictates how various types of investments will perform. The stock market likes to see healthy economic growth because that translates to higher corporate profits. The bond market prefers more subdued growth that will not lead to inflationary pressures. By tracking economic data such as industrial production, investors will know what the economic backdrop is for these markets and their portfolios. Like the PPI and the orders data, construction is excluded from the data. This report has a big influence on market behavior. In any given month, one can see whether capital goods or consumer goods are growing more rapidly. Are manufacturers still producing construction supplies and other materials? This detailed report shows which sectors of the economy are growing and which are not.

Frequency
Monthly

Source
Istat

Availability
Normally the second week of the month.

Coverage
Two months previous

Revisions
Yes

 

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