Italy's industrial output rises by 2.3 pct in August: statistics

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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
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  • 2022/10/12 00:00:00
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