The industry also showed positive signs during the month of August.

According to the latest Istat report, the sector's turnover, net of seasonal factors, rose by 0.8% in short-term terms, ie over July.

Increases of the same magnitude on a monthly basis were noted by the National Statistical Institute on both the domestic and foreign markets.

On the average for the June-August quarter, the overall index grew by 4.5% compared to the previous three months (+ 3.9% on the domestic market and + 6.0% on the foreign market).

With reference to the main groupings of industries, in August the seasonally adjusted indices of turnover show a cyclical increase for intermediate goods (+ 2.4%) and for consumer goods (+ 0.4%), while they recorded a reduction for energy (-2.5%) and capital goods (-0.3%).

Corrected for the calendar effects (the working days were 22 against 21 in August 2020), the total turnover grows in trend terms by 13.8% (+ 13% on the domestic market and + 15.2% on the foreign one) .

As regards the indexes corrected for calendar effects referring to the main groupings of industries, there are trend increases for all sectors: + 30% for energy, + 22.3% for intermediate goods, + 14.4% capital goods and + 2.5% consumer goods.

With reference to the manufacturing sector, there are trend increases for all sectors of economic activity, with the exception of other manufacturing industries and textiles and clothing.

(Unioneonline / F)

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