{"id":20845,"date":"2025-10-29T09:48:31","date_gmt":"2025-10-29T08:48:31","guid":{"rendered":"https:\/\/www.confindustria.it\/?post_type=pubblicazioni&#038;p=20845"},"modified":"2025-11-05T14:53:38","modified_gmt":"2025-11-05T13:53:38","slug":"rtt-recovering-strongly-in-september","status":"publish","type":"pubblicazioni","link":"https:\/\/www.confindustria.it\/en\/publications\/rtt-recovering-strongly-in-september\/","title":{"rendered":"RTT recovering strongly in September"},"content":{"rendered":"<p>RTT, constructed on the basis of seasonally adjusted and deflated turnover data from TeamSystem's sample of client companies, shows a strong increase in September (+4.7%). The indicator shows a positive trend in all sectors and territories.<\/p>\n<p><strong>The RTT aggregate figure for the Italian economy<\/strong><\/p>\n<ul>\n<li>In September, RTT indicates a recovery in business turnover, at constant prices, after the decline in August: the 3-month moving average just returned to positive territory (+0.4% in September; Chart 1).<\/li>\n<li>Overall, RTT indicates a negative, albeit moderate, change in turnover in Q3 2025 (-1.1%), due to the sharp decline in August.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-20849 size-full\" src=\"https:\/\/public.confindustria.it\/repository\/2025\/10\/29092940\/RTT129.png\" alt=\"\" width=\"600\" height=\"479\" srcset=\"https:\/\/public.confindustria.it\/repository\/2025\/10\/29092940\/RTT129.png 600w, https:\/\/public.confindustria.it\/repository\/2025\/10\/29092940\/RTT129-480x383.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 600px, 100vw\" \/><\/p>\n<p><strong>RTT for production macro-sectors<\/strong><\/p>\n<ul>\n<li>The rise of RTT in industry in September (+3.7%) was not enough to offset the decline in August (Chart 2).<\/li>\n<li>In services, however, the recovery in September is full after a fall last month that had been deeper than in industry.<\/li>\n<li>Nevertheless, the change in Q3 was negative in both industry and services.<\/li>\n<li>In contrast to the rest of the economy, in construction a moderate increase in RTT continued for the 4th consecutive month (+1.7% in September).<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-20850 size-full\" src=\"https:\/\/public.confindustria.it\/repository\/2025\/10\/29093002\/RTT229.png\" alt=\"\" width=\"545\" height=\"514\" srcset=\"https:\/\/public.confindustria.it\/repository\/2025\/10\/29093002\/RTT229.png 545w, https:\/\/public.confindustria.it\/repository\/2025\/10\/29093002\/RTT229-480x453.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 545px, 100vw\" \/><\/p>\n<p><strong>RTT for macro-areas and enterprise size<\/strong><\/p>\n<ul>\n<li>RTT in September increased in all geographical areas, more so in the North-West where the decline in August had been greater (Chart 3).<\/li>\n<li>The change in Q3 is negative for the North West, around zero in the other areas of the country.<\/li>\n<li>RTT in September recorded a recovery in turnover for all size classes of companies, only partial for small and medium-sized companies.<\/li>\n<li>The change in Q3 is moderately negative for all size groups, most significantly for medium-sized enterprises.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-20851 size-full\" src=\"https:\/\/public.confindustria.it\/repository\/2025\/10\/29093005\/RTT329.png\" alt=\"\" width=\"537\" height=\"422\" srcset=\"https:\/\/public.confindustria.it\/repository\/2025\/10\/29093005\/RTT329.png 537w, https:\/\/public.confindustria.it\/repository\/2025\/10\/29093005\/RTT329-480x377.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 537px, 100vw\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>RTT, calculated on the basis of seasonally adjusted and deflated turnover data from TeamSystem's sample of client companies, recorded a sharp increase in September (+4.7%). The indicator shows a positive trend in all sectors and regions. The aggregate RTT data for the Italian economy In September, RTT indicates a recovery in company turnover, [...]<\/p>","protected":false},"author":13,"featured_media":10642,"menu_order":0,"template":"","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"in-evidenza":[],"prodotto":[224],"tag_globale":[],"tema_globale":[],"class_list":["post-20845","pubblicazioni","type-pubblicazioni","status-publish","has-post-thumbnail","hentry","prodotto-real-time-turnover-index"],"acf":{"scarica_nota":{"ID":20852,"id":20852,"title":"Publications RTT Strong Recovery In September RTT Index Oct25 291025 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