The Economy

Italian Industrial Output Falls 1.4%

July 10, 2008

Biggest fall since Sept. 2007

After an increase of 0.7% in April, industrial output in Italy fell by 1.4% in May, Istat showed on May 10. This was the biggest monthly fall since September 2007.

The 12-month figure, after seasonal adjustment for the number of working days, showed a fall of 4.1%.

The energy sector showed the biggest contraction, falling in May by 3.7% in the month and by 6.9% over 12 months.

About the Author

Agence France-Presse

Copyright Agence France-Presse, 2002-2024. AFP text, photos, graphics and logos shall not be reproduced, published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP shall not be held liable for any delays, inaccuracies, errors or omissions in any AFP content, or for any actions taken in consequence.