Italy's industrial orders increased in February, after falling notably in the previous month, figures from the statistical office Istat showed Wednesday.
Industrial orders rose 0.8 percent month-on-month in February, reversing a 3.7 percent decline in January. Both domestic and foreign orders grew 1.2 percent and 0.4 percent, respectively.
On an annual basis, industrial orders recovered and climbed 2.0 percent in February, following a 5.5 percent decrease in the preceding month.
At the same time, industrial turnover increased 0.4 percent in February from the prior month, after a 1.7 percent fall logged in January.
Year-over-year, total turnover fell 0.9 percent in February, but slower than previous month's 2.5 percent decline. It was the second successive monthly decrease.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.