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- Industrial turnover in Italy drops at a seasonally adjusted rate of 1.6% in August
Industrial turnover in Italy drops at a seasonally adjusted rate of 1.6% in August
The Italian statistical office Istat released its industrial orders data for Italy on Friday. Industrial turnover in Italy dropped at a seasonally adjusted rate of 1.6% in August, after a 1.1% decrease in July.
Domestic market orders plunged 2.2% in August, while demand from non-domestic markets fell by 0.5%.
On a yearly basis, the seasonally adjusted industrial turnover in Italy slid 2.4% in August, after a 2.3% gain in July.
The seasonally adjusted industrial new orders index dropped by 5.5% month-on-month in August.
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