Expectations on industrial production up - Confindustria

Confidence up in September, 'opposite signal to August'

By: ansa.it

Sep 30 2024
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Expectations on industrial pro

Expectations on industrial production have risen in September, Confindustria said Monday.
    "In September expectations have improved on industrial production," said the study centre of the industrial employers' federation.
    The latest the rapid survey on the activity of large industrial enterprises indicates, in fact, that the majority of the sample "states that they expect an increase in industrial production: 36.6% of respondents expect a significant increase, while 40.7% a moderate increase. Less than 10% of respondents expect a decrease'.
    This is an 'opposite signal' compared to August, when about 60% expected a decrease in production, given the summer closures' (1.1%) since December 2023.
    photo: Confindustria President Emanuele Orsini