Italy's industrial output contracted at the end of the year after a rebound in November, figures from the statistical office ISTAT showed on Wednesday.
Industrial production dropped 0.4 percent month-on-month in December, reversing a 1.5 percent increase in November. Output was forecast to decrease by 0.5 percent.
Production of consumer goods fell 0.9 percent, and that of intermediate goods output was 0.4 percent lower. Meanwhile, energy goods production advanced 1.2 percent, and capital goods output rose by 0.5 percent.
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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.