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Production in industry (sts_ind_prod)

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: [IT1] National Institute of Statistics (Istat) (Italy)

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Industrial production index (Indice della produzione industriale).

The survey describes the development of productive activity in Italy through the collection of production volumes.

The 2025 indices are calculated using the chaining method introduced by the publication of the indices relating to the month of January 2022.

Starting from the publication of the January 2024 data, the industrial production indices are released in the new reference base 2021=100. The calculation base has also been updated and now relates to 2024.

The indices are calculated according to the Laspeyres formula using a weight structure updated annually. The indices, elaborated on the basis of calculation, are subsequently brought back to the reference base.

The innovations introduced, in continuity with the 2023 calculation base, concern the sources used, with an increase in the sectors for which the turnover volume indices are used, the updating of the sample of companies, the revision of the weighting system, the updating of the basket of goods.

12 June 2026

List and definition of variables: The index shows the evolution of gross production in volume terms.

For the Link period 2024, indices for Year 2025

Similarly to what happened for the previous base, also for the 2024 base, the integration of data with turnover data has affected the number of the basket of Products and the Panel of companies included in the survey.

Starting from the 2024 base, the survey of industrial production is carried out at a panel of companies that provide monthly information relating to 939 products (of which 131 car models).

Net of the companies excluded from the survey following the replacement of the data with the turnover volume indices, the definition of the panel of companies included in the 2024 base is based on the analysis of the results from the annual ProdCom survey (in this specific case Prodcom 2023).

In summary, for the 2024 base, the companies that contribute to the calculation of the monthly industrial production index are 5,203, the responding units are 5,507, for a total of 9,234 monthly production flows.

Accounting conventions: The target variable is measured as a flow during the calendar month. Products, which need more than a month for the production, are recorded in value or in worked hours only for the part accrued to the reference period. Production in value is deflated by output prices. Hours worked are adjusted with productivity coefficients based on short-term indicators.

As expected, the share - expressed in terms of the relative weight on the general index - of products recorded in value is growing to the detriment of the other two measures. The incidence of products recorded in quantity remains predominant, although it is decreasing compared to the previous base (from 73.6% to 70.5%), followed by products recorded in production value (18.9%), whose share, however, is increasing by almost 5 percentage points compared to the 2021 base. Finally, the incidence of products in hours worked is also decreasing (10.6%).

TABLE. Proxies used to measure products. Weighting structure of  link period 2021, 2023 and 2024.

TYPE OF PROXY

Link period 2021

Link period 2023(provisional)

Link period 2023(revised)

Link period 2024(provisional)

Physical quantities (a)

76.6

72.7

73.6

70.5

Hours worked

13.6

12.2

12.0

10.6

Value of production

9.8

15.1

14.4

18.9

TOTALE

100.0

100.0

100.0

100.0

(a) Include: Kilograms, Quintals, Tons, Kilowatts, Liters, Hectoliters, Hectahydrides, Pairs, Pieces, Meters, Square Meters, Cubic Meters.

Planned changes in information collected: None.

Reporting unit: KAU or local unit KAU.

Observation unit(s): Unit of homogeneous production (UHP) or Local unit of homogeneous production (LUHP).

Target population corresponds to enterprises with 20 or more employees.

Whole national territory.

Month

The samples are designed with the cut-off method and therefore sampling errors cannot be measured. Non-sampling errors are reduced in the collection phase both using an electronic questionnaire that helps debugging and aiming at an increase of the response rate of enterprises.

Index

Estimates for non-response: For estimating non responses concerning a given product, usually an automatic estimation criterion is applied on the basis of the average percentage variation m/(m-1) calculated on responses available for the same product. Estimates for grossing-up to population levels: None. Type of index: Chaining method introduced by the publication of the indices relating to the month of January 2022 Laspeyres index. Method of weighting and chaining: The elementary products are aggregated up to the Class level using as weights the output value (from PRODCOM survey); the aggregation from the Classes up to the total is based on value added at factor costs weights drawn from SBS data.

Data are collected through a statistical survey. The production survey makes use of other information such as:

  • data from the monthly survey on livestock slaughtered for red and white meat conducted by Istat at authorized slaughterhouses;
  • information from the Ministry of the Environment and Energy Security (MASE) for gas distribution;
  • the values on electricity production that are provided by Terna, operator of the electricity transmission networks.

The PRODCOM annual survey is used as frame.

Sample or census: The industrial production is a cut-off survey, with a non-probabilistic sample. For each product, enterprises are ranked according to the percentage of the value of production they represent for this product. Then the highest ranked units are drawn until 70% of the value of production is reached.

Criteria for stratification: not applicable

Threshold values and percentages: In total around 5,700 KAU are surveyed each month.

Frequency of updating the sample: As a consequence of the adoption of the concatenated method was updated the sample of companies used in the survey. The following table shows between the two bases for enterprises, respondent units and production.

Monthly

The official release is published on average 40 days after the end of the reference period; data are transmitted to EUROSTAT within 40 days, using, when needed, an embargo clause; data are provisional at the time of the Press Release in which they are reported.Until 2021 these revisions typically occurred when releasing the indices concerning the month of February and incorporated both the new estimates of the short-term statistics for the three previous years and the updates based on  late responses received and on corrections to information previously received.
Starting from year 2022 retrospective revisions concern the previous year only.

European definitions are used and they apply in the whole national territory.

Consistent time series data are available for a long period (since January 1990). When changes in source data, methodology and statistical techniques are introduced, historical series are reconstructed as far back as possible.