Italy: Industrial output rises at fastest clip in eight months in April

italy industrial output rises at fastest clip in eight months in april

Sumary of Italy: Industrial output rises at fastest clip in eight months in April:

  • On an annual basis, industrial output increased 79.5% in April, notably above March 38.4% expansion and marking the best result on record..
  • Accordingly, the trend improved, with the annual average variation of industrial production coming in at plus 5.0%, contrasting March’s minus 5.3% reading..
  • Commenting on the outlook for industrial production and the overall economy, Paolo Pizzoli, senior Italy and Greece economist at ING, reflected:…

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