Market news
25.01.2016, 10:45

Industrial turnover in Italy drops at a seasonally adjusted rate of 1.1% in November

The Italian statistical office Istat released its industrial orders data for Italy on Monday. Industrial turnover in Italy slid at a seasonally adjusted rate of 1.1% in November, after a 1.6% decrease in August.

Domestic market orders plunged 1.1% in November, while demand from non-domestic markets fell by 1.1%.

On a yearly basis, the seasonally adjusted industrial turnover in Italy climbed 0.8% in November, after a 1.6% gain in October.

The seasonally adjusted industrial new orders index rose by 1.6% month-on-month in November, after a 4.6% rise in October.

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