According to the report from Istat, in January 2021 the seasonally adjusted industrial production index increased by 1.0% compared with the previous month. The change of the average of the last three months with respect to the previous three months was -1.7%. The index measures the monthly evolution of the volume of industrial production (excluding construction).
The calendar adjusted industrial production index decreased by 2.4% compared with January 2020 (calendar working days being 19 versus 21 days in January 2020).
The unadjusted industrial production index decreased by 8.1% compared with January 2020.