Italy Industrial Turnover Falls 1.1%

By RTTNews Staff Writer   ✉   | Published:

Italy's industrial turnover declined for the first time in three months in January, data from the statistical office Istat showed on Friday.

Industrial sales dropped a seasonally adjusted 1.1 percent month-over-month in January, in contrast to a 0.7 percent increase in the previous month.

Domestic market turnover fell 0.3 percent after rising 0.8 percent. Similarly, foreign market turnover decreased 2.6 percent versus a 0.5 percent gain in December.

After adjusting for calendar effects, turnover grew 8.6 percent annually in January, well below the 14.9 percent surge in the prior month.

For comments and feedback contact: editorial@rttnews.com

Business News

Previous Story
Next Story
Editors Pick
Ford Raises Price Of F-150 Lightning Electric Pickup Again
Ford Motor Co. has once again raised the price of its popular F-150 Lightning electric pickup truck after the automaker resumed its production that was halted following electric vehicle battery fire incident. The company will also resume shipments of the Lightning this week, reports said.
Higdon Outdoors Recalls Battery Packs, Replacement Batteries
Paducah, Kentucky-based Higdon Outdoors LLC is recalling certain battery packs and replacement batteries citing fire and/or burn hazards, the U.S. Consumer Product Safety Commission said. The recall includes lithium-ion battery packs and replacement batteries on XS Series Pulsators, Swimmers, Crazy Kicker, and Flasher motion decoys used for waterfowl hunting.
Delta Enterprise Recalls 2-in-1 Outdoor Kids Swings Sold At Walmart
New York-based Delta Enterprise Corp. is recalling about 43,380 units of 2-in-1 outdoor kids swings citing fall hazard, the U.S. Consumer Product Safety Commission said. This recall involves 2-in-1 Outdoor Kids Swing with model numbers SW86508MM, SW86516MN, SW86575MM, SW86576MN and SW86577PW.