Italy's construction output decreased in May after recovering in the previous month, according to the provisional data released by the statistical office Istat on Friday.
Construction production fell 1.4 percent monthly in May, reversing a 2.8 percent increase in April.
Meanwhile, the yearly growth in construction output eased to 3.9 percent in May from 6.5 percent a month ago.
On an unadjusted basis, construction production rose only 0.3 percent annually in May versus a 4.6 percent growth in the prior month.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.