Italian Industrial Production m/m 1.1% vs 0.8% expected
The Italian industrial production index measures the output of industrial activities in Italy, including manufacturing, mining, and utilities, but excluding construction. It is a key economic indicator that provides insight into the health and performance of the Italian industrial sector. Industrial production is often measured in terms of the volume of goods produced over a certain period, typically on a monthly or quarterly basis.The previous month the Italian industrial production index had printed at -1.5%. The negative figure indicated a decrease in the volume of goods produced by the Italian industrial sector, a contraction of 1.5% during the reported period. Today’s data shows an improvement m/m, but the three-month average is -0.5% compared to the previous quarter.More information available in the full report. This article was written by Gina Constantin at www.forexlive.com.
The Italian industrial production index measures the output of industrial activities in Italy, including manufacturing, mining, and utilities, but excluding construction. It is a key economic indicator that provides insight into the health and performance of the Italian industrial sector. Industrial production is often measured in terms of the volume of goods produced over a certain period, typically on a monthly or quarterly basis.
The previous month the Italian industrial production index had printed at -1.5%. The negative figure indicated a decrease in the volume of goods produced by the Italian industrial sector, a contraction of 1.5% during the reported period. Today’s data shows an improvement m/m, but the three-month average is -0.5% compared to the previous quarter.
More information available in the full report. This article was written by Gina Constantin at www.forexlive.com.
