Italy Industrial Production Declines Unexpectedly

India, Oct. 9 -- Italy's industrial production declined unexpectedly in August, data from the statistical office ISTAT showed Friday.

Industrial output fell 1.3 percent on a monthly basis in August, in contrast to the 0.6 percent increase in July. Output was forecast to remain flat.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1568189509843-0'); });

Year-on-year, industrial production remained unchanged in August, following a 0.1 percent fall in July.

On an unadjusted basis, industrial production grew 3.1 percent, reversing a 0.1 percent drop in the previous month.

For comments and feedback contact: [e-mail]

Published by HT Digital Content Services with permission from RTT News....