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- Italy's industrial sales fell in November
Italy's industrial sales fell in November
According to the report from Istat, in November 2020 the seasonally adjusted turnover index decreased by 2.0% compared to the previous month (-2.5% the domestic market and -1.0% in non-domestic market); the average of the last three months increased by +3.8% compared to the previous three months (+3.1% in domestic market and +5.1% in non-domestic market).
The seasonally adjusted industrial new orders index decreased by 1.3% compared to October (-3.8% in domestic market and +2.5% in non-domestic market); the average of the last three months increased by 5.1% compared to the previous three months (+3.8% in domestic market and +7.0% in non-domestic market).
With respect to the same month of the previous year the calendar adjusted industrial turnover index decreased by 4.6% (-4.5% in domestic market and -4.9% in non-domestic market). Calendar working days in November 2020 were 21, one more than November 2019.
The unadjusted industrial new orders index increased by 5.3% with respect to the same month of the previous year (+3.4% in domestic market and +7.9% in non-domestic market).
The seasonally adjusted volume turnover index (only for the manufacturing sector) decreased by 1.8% compared to the previous month; the average of the last three months increased by 5.3% compared to the previous three months. The calendar adjusted volume turnover index decreased by 3.3% with respect to the same month of the previous year.
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