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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ItalyItaly Industrail Sales MoM held to -0.6% in December 2014
FMPMonthlyReleased January 2015
Italy Industrail Sales MoM held to -0.6% in December 2014, released January 2015.
Latest Release
-0.600000
Actual
—
Consensus
—
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| DAX | ▲ Direct | +0.40 | INDEX | Bullish EU | → View |
| EUR/GBP | ▲ Direct | +0.35 | FOREX | Bullish EUR | → View |
| EUR/JPY | ▲ Direct | +0.35 | FOREX | Bullish EUR | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Industrail Sales MoM (Italy) was reported at -0.6% in January 2015.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/USD (Bullish EUR). A secondary relationship exists with DAX, positively correlated (Bullish EU).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Business Confidence (Jun 26) and Consumer Confidence (Jun 26).
Auto-generated from current model state · Refreshes on each release · Last update January 2015.
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Industrail Sales MoM - IT
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About Industrail Sales MoM — Italy
DEFINITION
Industrial Sales MoM (Month-over-Month) is a key financial indicator that measures the change in sales of goods and services produced by the industrial sector within a specific time period. This indicator provides valuable insights into the overall health and performance of the industrial sector, which is a crucial component of a country's economy. It is used by investors, analysts, and policymakers to track the growth and trends in industrial sales, and make informed decisions about investments and economic policies. A positive change in Industrial Sales MoM indicates a growing economy, while a negative change may signal a slowdown.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Nov 2014): actual -0.6 %.