Production: Mining: Total for Austria
Monthly, Not Seasonally Adjusted
AUTPRMITO01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.99
Year-over-Year Change
-30.47%
Date Range
1/1/1990 - 9/1/2023
Summary
The Monthly, Not Seasonally Adjusted series measures automobile production in Italy. It is a key indicator of the health of the Italian manufacturing sector and broader economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This trend represents the monthly production volume of automobiles in Italy on a non-seasonally adjusted basis. It is used by economists and policymakers to analyze industrial activity, supply chain dynamics, and broader economic conditions in the Italian market.
Methodology
The data is collected directly from automobile manufacturers and industry associations.
Historical Context
Automobile production is a critical component of Italy's manufacturing base and a driver of economic growth.
Key Facts
- Italy is the 4th largest automobile producer in Europe.
- Automotive manufacturing accounts for over 6% of Italy's GDP.
- Italy exports over 50% of its domestic automobile production.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly production volume of automobiles in Italy on a non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Automobile production is a key indicator of manufacturing activity and economic health in Italy, making this trend important for analyzing the country's industrial sector and broader economy.
Q: How is this data collected or calculated?
A: The data is collected directly from automobile manufacturers and industry associations.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the state of Italy's manufacturing base and make informed decisions about fiscal, monetary, and industrial policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of 4-6 weeks.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (AUTPRMITO01IXOBM), retrieved from FRED.