The Italian statistical office Istat released its industrial production data on Monday. Industrial production in Italy fell at a seasonally-adjusted rate of 0.6% in February, after a 1.7% rise in January. January’s figure was revised down from a 1.9% increase.
The decrease was mainly driven by declines in production of energy goods and in production of consumer goods.
On a yearly basis, industrial production in Italy climbed at a seasonally-adjusted rate of 1.2% in February, after a 3.8% increase in January. January’s figure was revised down from 3.9% gain.
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