Italian Food industry boosted to a year high, output grew up, gain that took the export at its best level.The slowdown has stopped in 2014, adding to signs that the recovery some steam as 2014 came to a close. The data of the Office for National Statistics (Istat) points out food industrial production increased on an annual basis, up 0.6 pc from a year earlier, although this was entirely equal the turnover estimated of 132 billion euro to the last year. Food production rose up compared with the 2013, partly due to higher levels of quantities. The export side of the industry is set for a recovery, analyst forecast, and it is the engine of the grow. Federalimentare esteems that in 2015 the export will jump of 5,5% to 28,5 million euro. Data show that sales for domestic demand was slowing during 2014 and, in its best hypothesis, stagnant The growth was dragged up by foreign sales closing up 3.1% last year. Food production is forecast to growth 1,5% in value and 1,1% in quantity this year. The areas of Food industry that will be the major subject of this development are diary, sauces and wine.
