Production: Manufacturing: Intermediate Goods: Total for Ireland
Annual, Seasonally Adjusted
PRMNIG01IEA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.05
Year-over-Year Change
2.60%
Date Range
1/1/1976 - 1/1/2017
Summary
This economic indicator measures annual manufacturing production in Italy, adjusted for seasonal variations. It provides insights into the health and performance of the Italian industrial sector.
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
The Annual, Seasonally Adjusted manufacturing production index tracks changes in the total volume of goods produced by Italian manufacturers over a 12-month period, with adjustments made to account for predictable seasonal patterns. This metric is widely used by economists and policymakers to analyze industrial activity and overall economic conditions.
Methodology
The data is collected through surveys of Italian manufacturing firms and calculated by the country's statistical agency.
Historical Context
This index is a key input for evaluating Italy's macroeconomic policies and assessing the competitiveness of its industrial base.
Key Facts
- Italy is the second-largest manufacturing economy in Europe.
- Manufacturing accounts for over 15% of Italy's total GDP.
- The index tracks production across 23 industry sectors.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total volume of manufacturing output in Italy, adjusted to account for regular seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The annual, seasonally adjusted manufacturing production index provides valuable insights into the health and performance of Italy's industrial sector, which is a key driver of the country's overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Italian manufacturing firms and calculated by the country's statistical agency.
Q: How is this trend used in economic policy?
A: This index is a crucial input for evaluating Italy's macroeconomic policies and assessing the competitiveness of its industrial base.
Q: Are there update delays or limitations?
A: The index is published monthly, with a typical release lag of 6-8 weeks. There may be revisions to historical data as new information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (PRMNIG01IEA661S), retrieved from FRED.