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Archive » July 2020 » The Italian manufacturing sector and the Covid-19 impact

The Italian manufacturing sector and the Covid-19 impact

Alessandra Lanza, Stefania Trenti
July 2020 - n. 7-8
Keywords: Industria manifatturiera, Covid-19, crisi economica
Jel codes: A10, L60

The Coronavirus emergency impacted on the Italian manufacturing sector both on the demand and the supply side, recording an average drop of 15%. In this critical context, the only sector that goes against the trend is Pharmaceuticals, with an expected growth of 4.2% in 2020. By 2021, however, a significant rebound is expected, with a growth in deflated revenues of 5.3%. In the 2022-2024 period, manufacturing activity will continue along a path of gradual recovery, at annual rates of almost 3%.

 

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