Italy's industrial new orders grew 1.6 percent in March from the prior month, due to a 3.6 percent rise in non-domestic demand, data from the statistical office Istat revealed Monday. Orders from domestic market increased only 0.2 percent.
However, industrial new orders plunged 10 percent in March from the same period of last year.
At the same time, industrial turnover fell 0.9 percent month-on-month, reflecting a 1.7 percent fall in domestic market. Meanwhile, turnover in non-domestic market gained 0.5 percent. On a yearly basis, turnover slipped 7.6 percent.
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