Italy's economy gets boost from industry

Jun 12, 2014 799

Industrial production was up 0.7 percent compared with output in March - the first increase for three months - and it rose by 1.6 percent over 12 months in workday-adjusted terms, according to the National Statistics Institute (Istat). Economists had forecast a rise of 0.4 percent.

Paolo Mameli, senior economist at Intesa Sanpaolo, described the annual rise as "the best data for almost three years...in line with a return to GDP growth in the current quarter."

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Source: http://www.thelocal.it

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