Istat: in September, declining production for durable goods

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The data released by Istat in November about industrial production in the month of September 2013 show negative variations with regard to consumer durables. The seasonally adjusted data recorded -7% compared to August 2013, while the variation is equal to 0% if we consider the July-September quarter vs. April-June 2013. The indices corrected for calendar effects show instead for durable goods a decrease of 7.7% (September 2013 vs. September 2012) and -6% (January-September 2013 vs. January-September 2012). Examining the development of industrial production for the sector of manufacture of electrical and non-electrical equipment for domestic use, the seasonally adjusted data recorded in September a decrease of 2.7% compared to the previous month, while they reveal an increase of 0,2% if we consider the period July-September 2013 over April-June 2013. Data corrected for calendar effects, finally, show for the considered sector a decline of 2.6% in September 2013 compared to the same month of last year and -1.4% for the period January-September 2013 in comparison to January-September 2012.

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