Business revenues will start in reverse in 2024, with turnover recorded by Istat falling by 3.6% in January.
A fall that cuts across all production sectors, with a largely double-digit slowdown for textiles and wood-paper. metallurgy. The only sector bucking the trend is the food sector, which still sees sales growing by over 3%. General decline which has been going on for months and which involves both domestic and cross-border sales. An all-round negative signal, which also sees a slowdown in volumes, eliminating the price effect, with a reduction of 2.6% on an annual basis, 1.8% compared to the month of December 2023.
The textile-clothing sector is also on the decline, in all its main components. If the sector in general loses 8% in terms of overall revenues compared to the month of January 2023, in the textile industry in the strict sense, the upstream supply chain that feeds the clothing sector, the decline recorded by the Istat numbers is equal to 15.7%.
IN DETAIL
In January, industrial turnover, net of seasonal factors, is estimated to see an economic decline both in value (-3.1%) and in volume (-2.6%). There were decreases of the same intensity in values and volumes (2.4%) on the domestic market and more pronounced declines in values (-4.5%) compared to volumes (-2.8%) on the foreign market.
However, a cyclical increase is observed for the services sector both in value (+1.6%) and in volume (+1.7%).
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2024-04-14 08:06:35
