Industrial production in Italy grew by 0.8% in February


The Italian statistical agency Istat reported an increase in industrial production in February by 0.8% compared to the previous month. The growth rate slowed down compared with an increase in its volume by 1.9% in January. Nevertheless, the indicator turned out to be better than the forecasts of experts, who had expected it to fall by 0.8%. The industrial production indicator, excluding seasonal and calendar factors, increased by 0.9% compared to the same month last year. For the period from December to February, its volume decreased by 0.3% relative to the previous three months. The growth in the output of means of production in February was at the level of 1.1%. At the same time, electricity was generated 2.4% less than a month earlier.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong