Track IT Industrial Production m/m to gauge economic health and predict market trends.
This is a key indicator of economic health, as production responds swiftly to fluctuations in the business cycle and is linked to consumer factors like employment rates and earnings.
What it Measures
It reflects the change in the overall inflation-adjusted value of goods produced by manufacturers, mines, and utilities.
Usual Effect
A higher 'Actual' than 'Forecast' is favorable for the currency.
Source & Frequency
Istat (latest release) - https://www.istat.it/en/ • It is published monthly, roughly 40 days after the end of each month.
How Data is Derived
N/A
Also Known As
Industrial Output
Acronym
N/A