Plus   Neg

Italy Industrial Production Falls In November

Italy's industrial production decreased in November, figures from the statistical office Istat showed on Wednesday.

Industrial production declined 1.4 percent month-on-month in November, reversing a 1.4 percent growth in October. Economists had expected a 0.4 percent fall.

In September, output fell 5.0 percent.

On a yearly basis, industrial output fell 4.2 percent in November, following a 1.9 percent decrease in the preceding month. Economists had forecast a decline of 4.3 percent.

Among all sectors, consumer goods production declined 4.0 percent monthly in November. Capital goods and energy output decreased 0.6 percent and 3.6 percent, respectively.

Meanwhile, intermediate goods output grew 0.2 percent.

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.

Follow RTT