Italy’s industrial sector showed mixed results in 2009, with some sectors showing minor growth but with the majority recording declines.

Those reporting increases include cosmetics and pharmaceuticals (+3.3%), construction (+0.3%) and retail (+1.5%) segments. However, significant declines were seen for a number of industries including hides, skins and leather (-11.7%) and clothing (-9.6%).

Investment fell 20% to EUR24.2 billion in 2009 compared with investment levels in 2008. Investment fell across all the sectors included in the survey.

Respondents seemed to suggest that they have experienced some signs of recovery during the first six months of the year, with turnover rising around 7%, on average.

Share this story: