Italy Industrial Turnover Falls For First Time In Six Months

By RTTNews Staff Writer   ✉   | Published:

Italy's industrial turnover declined for the first time in six months in May, data from the statistical office Istat showed on Wednesday.

Industrial turnover declined 1.0 percent month-on-month in May, after 3.3 percent increase in April.

Domestic turnover fell 1.9 percent in May, after a 3.9 percent growth in March. Likewise, growth in foreign turnover eased to 0.7 percent from 1.8 percent.

Turnover of capital goods and energy grew 6.1 percent and 4 percent, respectively. Intermediate goods turnover was up 3.3 percent. Meanwhile, consumer goods turnover was down 0.1 percent.

On a yearly basis, industrial turnover rose 40.2 percent in May, after expanding 105.1 percent in the previous month.

Domestic turnover increased 41.0 percent and foreign turnover expanded 38.6 percent in May.

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