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Italy Industrial Output Rebounds 0.2%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Italy's industrial production increased more-than-expected in June after falling in the prior month, the statistical office ISTAT reported Wednesday.

Industrial output advanced 0.2 percent month-on-month in June, in contrast to the 0.8 percent decrease in May. The expected rebound was 0.1 percent.

Production of intermediate goods grew 0.2 percent, and output increased 0.1 percent each in the production of energy and capital goods output. At the same time, the consumer goods segment showed a contraction of 0.9 percent.

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