Starting from this month, the methodology for calculating the industrial production indices will change 
to the so-called linked index, in line with the best practices recommended at international level. Further information in this regard is contained in the information note attached to this press release.
In January 2022, the seasonally adjusted index of industrial production is estimated to decrease by 3.4% compared to December. On average for the November-January quarter, the level of production decreased by 0.5% compared to the previous quarter.
The seasonally adjusted monthly index shows short-term decreases in all sectors: negative changes characterize, in fact, energy (-5.2%), consumer goods (-3.6%), intermediate goods (-3.4%) and, to a lesser extent, capital goods (-1.6%).
Corrected for calendar effects, in January 2022 the overall index decreased in trend terms by 2.6% (there were 20 calendar working days, against 19 in January 2021). A tendential increase is recorded only for energy (+1.1%), while the remaining sectors show decreases, with a greater decrease for intermediate goods (-5.2%) and instrumental goods (-3.5%) and less marked for consumer goods (-1.5%).
The sectors of economic activity that recorded the greatest trend increases are the production of basic pharmaceutical products and pharmaceutical preparations (+10.7%), the manufacture of coke and refined petroleum products (+8.2%) and the supply of electricity, gas, steam and air (+1.6%). Conversely, the sharpest declines are observed in mining (-12.7%), in the manufacture of electrical equipment (-12.0%) and in other manufacturing industries (-7.1%).
FULL TEXT AND METHODOLOGICAL NOTE
