Italy Industrial Turnover Increases Further

Italy's industrial turnover rose for the fourth month in a row in April, data from the statistical office Istat showed on Tuesday.

Industrial turnover increased 2.7 percent month-on-month in April, following a 2.5 percent rise in March.

Domestic turnover rose 2.7 percent monthly in April, following a 2.8 percent growth in March. Foreign turnover gained 2.7 percent, after a 1.9 percent rise.

Turnover of energy grew 6.0 percent monthly in April and that of intermediate goods rose 2.0 percent.

Turnover of consumer goods increased 2.1 percent and capital goods turnover gained 3.5 percent.

On a yearly basis, industrial turnover grew 22.0 percent in April, following a 21.6 percent increase in the previous month, data showed.

Domestic turnover increased 21.8 percent yearly and foreign turnover rose 20.8 percent in April.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Centers for Disease Control and Prevention or CDC director, Rochelle Walensky, has initiated a reorganization of the public health agency noting that it failed to reliably meet expectations during the coronavirus pandemic period, reports said. The proposed changes for a reset in the agency are expected to help it respond quicker to new health threats. While reporting financial results for the second quarter on Thursday, department store chain Kohl's Corp. (KSS) slashed its adjusted earnings and sales growth guidance for the full-year 2022. For fiscal 2022, the company now projects adjusted earnings in a range of $2.80 to $3.20 per share on a net... Apple Inc. is planning to hold a launch event on September 7 to unveil its latest iPhone 14 line, Bloomberg reported citing people with knowledge of the matter. The tech major is also expected to roll out its latest version of three Apple Watch models including Series 8. The new products, which also include multiple new versions of Macs, and low and high-end iPads, are likely to reach stores...
Follow RTT