Increase in building production
According to recent data provided by ISTAT, the construction sector in Italy recorded a significant increase in the month of November 2024. Compared to the previous month, the seasonally adjusted index showed a growth of 2.6%, signaling a significant recovery in the construction sector. This increase is not only a positive sign for operators in the sector, but it also represents an indicator of confidence for the entire Italian economy.
Quarterly and annual analysis
Looking at the quarterly period from September to November 2024, there is a growth of 1.4% compared to the previous quarter. This positive trend is further confirmed by annual data: the index adjusted for calendar effects showed an increase of 3.6%, despite the fact that the month of November had one working day less than the previous year. In addition, the crude index registered a growth of 0.1%, suggesting stability in the sector
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Annual average and future prospects
The average for the first eleven months of 2024 indicates an increase of 5.5% for the adjusted index and 6.3% for the crude index, suggesting an overall positive year for construction production. These data not only highlight the importance of the construction sector as an engine of economic growth, but they also lay the foundations for a sustainable recovery in the long term. Investments in infrastructure and technological innovation could further stimulate growth in this crucial sector.
