Industry orders show an increase of 1.4% in December compared to the previous month; also in the fourth quarter overall there was an increase in the economy, equal to 1.9%. Istat notes this. In trend terms, the raw order index increased by 6%, driven by the large increase in orders received from the internal market (+ 12.6%).
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As regards the large increase in orders from the internal market, Istat points out, we note in particular the increase in those relating to other means of transport. A negative variation was recorded, however, for orders from the foreign market (-3.6%). The highest trend growth is recorded for the means of transport (+ 55%), while the electrical equipment industry shows the worst result (-13.9%). Online casino flash games.
In December, industry turnover, net of seasonal factors, is estimated to decrease by 3.0% in cyclical terms. Istat specifies that in the fourth quarter the overall index registered a decrease of 0.6% compared to the previous quarter. Adjusted for calendar effects (20 working days compared to 19 in December 2018), total turnover decreased by 1.4% in tendential terms, with decreases of 1.8% for the internal market and 0 , 7% for the foreign one.
The cyclical trend in turnover reflects drops in both the domestic (-2.9%) and foreign (-3.1%) markets. For orders, the cyclical increase is a synthesis of almost specular results recorded on the two markets: + 6.9% the growth of orders from the internal market and -6.4% the reduction of those from abroad. With reference to the main groupings of industries, in December all the seasonally adjusted turnover indices fell on a monthly basis: -0.9% for consumer goods, -2.7% for energy, -3.0% for intermediate goods and capital goods -5.2%.
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For 2019 there is a decrease compared to last year both in the turnover of the industry (-0.3% both the raw and the correct data) and in the new orders (-1.9%). Istat notes that, for turnover, this is the first drop in annual terms since 2015, while for orders the first decrease since 2014.
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