Italian industrial output in November boosting the average for 2016, scoring +3.2 on the year

Jan 19, 2017 479

by Luca Orlando

Italian industrial production rose 0.7% on the month in November and +3.2% on the year, boosting the overall average for output in 2016 and forecasts for national gross domestic product in the euro zone's third largest economy. The recovery in Italian output, which beat analyst expectations, was helped by a rebound in energy but also linked to the machinery, car and capital goods sectors, which all saw strong gains.

The overall industrial production index reached 94.7 (with 2010 as the base year). A similar level was touched briefly in August but otherwise has not been seen in recent months. To find a higher level you would have to return to August 2012.

Read more

Fonte: Italy24

You may be interested