Italy Industrial Production Rebounds In September - ConsultFX

Italy Industrial Production Rebounds In September

Italy's industrial production rose in September after declining in the previous two months, preliminary data from the statistical office ISTAT showed on Monday.

Industrial production grew a calendar adjusted 1.3 percent year-on-year in September, following a 0.8 percent fall in August and a 1.3 percent slump in July.

Utilities output grew 7 percent and manufacturing output rose 1 percent. Mining and quarrying output shrunk 11.2 percent.

On a month-on-month basis, industrial production fell a seasonally adjusted 0.2 percent after a 1.7 percent gain in August. Production decreased 1.6 percent in July.

On an unadjusted basis, industrial production decreased 1.8 percent in September after a 0.8 percent fall in August. Output dropped for the second month in a row.


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