Industrial production beyond expectations, metallurgy and chemicals drop in April
Despite the inflationary rushthe war in Ukraine that does not stop and the monetary tightening announced by the ECB la industrial production holds up the blow and in April recorded a 1.6% increase, beating analysts’ estimates.
The rise is the third in a row. While compared to the previous year, the index increased by 4.2% with more sustained growth in consumer goods up by 11.3%) and inpower which jumped by 4.7%.
Overall i more dynamic sectors they are textiles, clothing, leathers and accessories (+ 23.4%), pharmaceutical products (+ 19.8%), coke and refined petroleum products (+ 9.4%). On the other hand, only metallurgy and the manufacture of metal products (-2.3%), chemical products (-1.5%) and means of transport (-0.7%) were down.
Industry, Coldiretti: “Double growth for the food sector”
With a jump of 8% the food production grown in Italy, it has grown almost double the industry average, compared to the same period of the previous year. This is what emerges from the analysis of Coldiretti based on Istat data relating to industrial production which in May increased by an average of 4.2%.
It is the demonstration, Coldiretti underlines, of the capacity of food supply chain national to guarantee the supply of the population despite a scenario marked by increased production costs and difficulties in the international trading with hoarding and speculation.
A positive sign for the country which, Coldiretti continues, confirms the importance of investing in a leading Made in Italy sector which is confirmed as strategic in an extraordinary historical moment marked by war and pandemic.
It is therefore necessary to intervene a sector support to contain expensive energy and production costs with immediate interventions to save companies ” says the president of Coldiretti Hector Prandini underlining that ” the upheavals that the war has brought, have highlighted how producing food and not depending on abroad is a strategic national security issue for a country like Italy which has yet to fill the heavy production deficit in many important sectors “.
“And with this in mind, he concludes Prandini, the agreement between Coldiretti and Intesa Sanpaolo in support of the interventions planned for the agri-food sector from Pnrr represents an important tool the Plan represents an opportunity to help achieve the goal of halving dependence on foreign countries increasing production, yields and supporting technological innovation and supply chain synergies ”.
Read also:
The forced transition to the electric car will be a drain on our pockets
“Berlusconi premier after the vote”. Tajani’s proposal. What do you think about it?
Center-right, Berlusconi on the pitch to stop Meloni. Inside
Rcs, Sergio Erede’s tactics falters. And now the New York game opens
Inter wants Milan in Sesto, but risks taking on the rent from S. Siro
“Count clown”. The M5S leader face to face with the citizen who insults him. VIDEO
Intesa Sanpaolo and Coldiretti: € 3bn agreement for agriculture
Hera Group ranks first in terms of quality of the water service
Philip Morris Italy, the #CAMBIAGESTO awareness campaign is underway
#Energy #consumption #drive #industry #jump #April