Business · Economy · 2 days ago

Italy’s industrial production fell 1.3% in August

Italy’s industrial production fell 1.3% in August

Italy’s industrial production fell 1.3% in August compared with July, according to Istat, the national statistics agency.

Compared with August a year earlier, output was unchanged.

Energy was the only major industrial group to grow from the previous month, rising 2.8%.

Production of capital goods, consumer goods and intermediate goods all fell.

Over June to August, industrial production was down 1.1% compared with the previous three months.

The figures point to weakness across much of industry, despite stronger energy production.

Istat’s data also show that the first eight months of the year were only 0.3% above the same period last year.

Sources

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