empty
 
 

2024.01.1108:31:00UTC+00Italy Industrial Production Falls More Than Forecast

Italy's industrial production posted a sharper-than-expected decline in November, data from the statistical office ISTAT revealed on Thursday.

Industrial output slid 1.5 percent month-on-month in November. Economists had forecast production to drop 0.2 percent, the same rate of decline as seen in October.

All sectors of the industry shrank from the previous month. Energy output was down 4.0 percent and production of intermediate and consumer goods production slid 1.8 percent each. Capital goods output decreased 0.2 percent.

On a yearly basis, the decline in industrial production deepened to 3.1 percent from 1.1 percent in October.

The unadjusted industrial production fell 3.0 percent, in contrast to the 2.0 percent increase in the previous month.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback