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- Italy's industrial production rose more than expected in July
Italy's industrial production rose more than expected in July
According to the report from Istat, in July 2020 the seasonally adjusted industrial production index increased by 7.4% compared with the previous month. Economists had expected a 4.4% increase. The change of the average of the last three months with respect to the previous three months was 15.0%. The index measures the monthly evolution of the volume of industrial production (excluding construction).
The calendar adjusted industrial production index decreased by 8.0% compared with July 2019 (calendar working days in July 2020 being the same as in July 2019).
The unadjusted industrial production index decreased by 8.0% compared with July 2019.
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