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Italy Industrial Production Rises For Third Month

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us

Italy's industrial production increased for the third straight month in April, the statistical office ISTAT said Wednesday.

Industrial output registered a monthly increase of 0.5 percent in April, slightly slower than the 0.6 percent rise in March. However, this was the third consecutive rise in production.

There was a monthly growth of 1.0 percent in capital goods output and a 0.8 percent increase in intermediate goods production. Meanwhile, output of consumer goods and energy dropped 0.1 percent and 0.2 percent, respectively.

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