Italy’s construction output remained unchanged in March, after falling in the previous month, figures from the statistical office Istat showed Tuesday.
On a seasonally adjusted basis, construction production showed no variations in March, following a 1.6 percent decrease in February. In January, production had risen 1.0 percent.
Annually, output in the construction sector declined 3.6 percent in March, faster than prior month’s 1.4 percent drop.
In the first quarter of this year, total construction output advanced 0.4 percent compared with the preceding three months.
The material has been provided by InstaForex Company – www.instaforex.com