Ekonomické zprávy
22.12.2021

Italy construction output rose sharply in October

According to the report from the National Institute of Statistics (ISTAT), in October, seasonally adjusted construction output in Italy increased by 0.8% compared to September, while in annual terms, the growth accelerated to 13.9% compared with 10.5% in September.

Meanwhile, over the last three months (through October), construction production increased by 2.8% compared to the previous quarter. Since the beginning of this year (through October), construction output has increased by 26.0% (seasonally adjusted).

A separate preliminary report from ISTAT showed that in November the volume of Italian exports to non-EU27 countries increased by 13.3% per annum, while imports increased by 37.7% per annum. On a monthly basis and seasonally adjusted, exports grew by 2.9%, while imports increased by 0.6%. Italy's trade surplus with non-EU27 countries amounted to EUR 4,210 million, compared with EUR 6,626 million in November 2020.

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