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- Italian industrial turnover and orders rose more than expected in May
Italian industrial turnover and orders rose more than expected in May
In May 2017 the seasonally adjusted turnover index increased by +1.5% compared to the previous month (+1.6% in domestic market and +1.2% in non-domestic market). The percentage change of the average of the last three months compared to the previous three months was +0.9% (+0.9% in domestic market and +0.7% in non-domestic market).
In May 2017 the seasonally adjusted industrial new orders index increased by +4.3% compared with April 2017 (+3.9% in domestic market and +4.9% in non-domestic market). The percentage change of the average of the last three months compared to the previous three months was -1.0% (-1.2% in domestic market and -0.8% in non-domestic market).
With respect to the same month of the previous year the calendar adjusted industrial turnover index increased by +7.6% (calendar working days in May 2017 being the same as in May 2016).
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