Metalworking sector down in the third quarter

Metalworking sector down in the third quarter

(Finance) – Nel third quarter of the yearproduction in metalworking-mechatronics sector recorded a contraction of 1.6% compared to the second quarter and a reduction of 3.9% on an annual basis. A more significant decline than the entire Italian industry, which saw a decrease of 0.6% compared to the previous quarter and 1.9% compared to the same period in 2023.

These data emerge from 172nd Federmeccanica economic surveywhich highlights how in the first nine months of the year the metalworking production activity was particularly influenced by the strong contraction in the production of vehicles and trailers, with quarterly volumes in sharp decline especially in the first half of 2024.

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