• Eurostat: industrial production collapses in the EU area, -17.1% in April
  • Istat: collapse of industrial production in April, for cars it is -98%
  • Bankitalia: 15 collapse for industrial production, companies need 50 billion liquidity
  • China, GDP collapses due to the effects of the Pandemic. Down also industrial production and sales

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10 July 2020 In May, the seasonally adjusted index of industrial production is estimated to increase by 42.1% compared to April. Istat notes this by adding that corrected for calendar effects, the overall index decreases in tendential terms by 20.3% (20 working days compared to 22 in May 2019). On an average for the period March-May, the level of production fell by 29.9% compared to the previous three months

"After the sharp drop recorded in April, the month characterized by the closures in many production sectors following the measures related to the health emergency, in May there is a significant recovery in activities: all sectors are experiencing economic growth, with the exception of the food, beverage and tobacco industries, which is slightly down ". Istat said this when commenting on the industrial production data for May.   

"The level of production, however, is still affected by the situation generated by the Covid-19 epidemic: the general index, net of seasonality, shows a decrease of 20.0% compared to January, the last period preceding the health emergency, "he adds.