Growth of industrial production in Italy in March exceeded the forecasts

Industrial production in Italy increased by 1.2% in March compared to February, when the index fell by 0.5%, as Istat data showed. March's growth exceeded expectations of the analysts, who had predicted an increase of only 0.5%. Industrial production excluding seasonal and calendar factors increased in March by 3.6% compared to the same month a year earlier. In comparison with February, the production of consumer goods increased by 2.5%, of means of production - by 0.8%, of intermediate goods - by 0.7%, of energy - by 1.3%. According to the results of the first quarter, industrial production grew by 3.4% in annual terms.

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