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Industrial production in Italy fell in November after growth in October
Industrial production in Italy, the euro area's third largest economy, fell again in November after a short period of growth in October.
Yazar: Tom Roberts
Yayınlanma: 14 Ocak 2021 19:06
Güncellenme: 7 Kasım 2024 11:52
Industrial production in Italy fell in November after growth in October
Industrial production in Italy, the euro area's third largest economy, fell again in November after a short period of growth in October. And more than economists estimated. The Italian statistical office ISTAT informed about it on Wednesday. Specifically, the performance of Italian industry decreased by 1.4% in November compared to October, when it increased by 1.4% month-on-month. At the same time, economists expected its November decline of 0.4%. To illustrate, industrial production in Italy fell by 5.0% in September. Year-on-year, industrial production fell by 4.2% in November, after declining by 1.9% in the previous month. Economists predicted slightly worse results, a decrease of 4.3%. ISTAT stated that all branches of Italian industry recorded a decrease in production in November, while the production of consumer goods decreased the most by 4%, energy by 3.6% and capital products by 0.6%, production of intermediate goods increased slightly, by 0.2%.İLGİLİ HABERLER
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