According to the data released by the Italian National Bureau of Statistics on February 23, the country’s industrial output fell by 11.5% year-on-year in 2020 due to the impact of the COVID-19 pandemic, the lowest level since 2009, of which domestic market output fell by 11.5% and international market output fell by 11.8%. .
After seasonal adjustment, Italy’s industrial output value increased by 1% month-on-month in December last year, down 0.5% from the same period last year, and the order volume of that month increased by 1.7% month-on-month.
In the manufacturing field, the output value of the Italian automobile industry increased by 38.9% year-on-year in December last year, and the output value of the clothing industry decreased by 19.4% year-on-year.
