Istat: trend of turnover and orders for the durable goods industry


According to data published by Istat in October, the turnover of the industries that produce consumer durable goods overall grew by 2.7% in August 2013 compared to July of this year (seasonally adjusted data). Comparing instead the quarter from June to August 2013 with the previous three months, the turnover registered a growth of 1.2%. If we consider the data adjusted for calendar effects, the increase of turnover in August 2013 compared to the same month of 2012 was +1.7%, while the variation January-August 2013 versus January-August 2012 shows a decrease of 2%. Analysing the data relating to the manufacture of electrical and non-electrical equipment for domestic use, the Istat data show, in August 2013 compared to the same month of last year, a decline in turnover of 0.5% and a decline in orders equal to -6.7%. Observing the trend of the industry as a whole, in August 2013 the seasonally adjusted turnover index increased by 1% compared to the previous month (unchanged in domestic market and +3.1% in non-domestic market). The percentage change of the average of the last three months compared to the previous three months was +0.9% (+1.0% in domestic market and +0.7% in non-domestic one). Besides, in August 2013 the seasonally adjusted industrial new orders index increased by 2% with respect to July 2013 (+3.9% in domestic market and -0.5% in non-domestic market). The percentage change of the average of the last three months compared to the previous three months was +0.1% (+1.8% in domestic market and -2.2% in non-domestic one). With respect to the same month of the previous year the calendar adjusted industrial turnover index decreased by -4.8% (calendar working days in August 2013 being 21 versus 22 days in August 2012). In August 2013 the unadjusted industrial new orders index decreased by -6.8 per cent with respect to the same month of the previous year.

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