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Italy industrial output jumps in December

News & Data JIACC

Italian industrial output was much stronger than expected in December, posting its sharpest monthly increase for almost two years, national statistics bureau ISTAT reported on Friday

Source: Reuters – The 1.6 percent rise in output was the biggest jump since January 2016 and followed a 0.2 percent gain in November, revised up from a flat reading reported previously. It was the third consecutive monthly rise and the seventh in the last eight months reported, suggesting. December’s increase doubled the median forecast of a 0.8 percent rise in a Reuters survey of 21 analysts

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