Italy's industrial output rises by 2.3 pct in August: statistics
STORY: Italy's industrial output rises by 2.3 pct in August: statistics
DATELINE: Oct. 12, 2022
LENGTH: 00:02:43
LOCATION: Rome
CATEGORY: ECONOMY
SHOTLIST:
1. various of production lines in Italian factories
STORYLINE:
Industrial output in Italy rose by 2.3 percent in the latest index from the Italian government's main statistical entity released on Tuesday, reversing a recent trend and outpacing inflation for that month.
The data from the National Institute of Statistics (ISTAT) showed the seasonally-adjusted index climbed in August compared to the previous month, though for the three-month period between June and August the index still retreated, falling by 1.2 percent compared to the March-May period.
The rise in August showed a net increase even compared to the month-on-month increment in the country's consumer price index, which rose 0.8 percent in August compared to July.
The annualized inflation rate for the month -- comparing prices in August to the year-ago period -- was 8.4 percent.
- Product Code
- ILEA001026527
- Registered date
- 2022/10/12 00:00:00
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- Xinhua / Kyodo News Images
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