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Italy’s factory orders move higher in December

by ChemOrbis Editorial Team - content@chemorbis.com
  • 20/02/2015 (15:05)
According to data released by Italy’s statistical office ISTAT, the country’s factory orders improved in December. Factory orders surged 4.5% on the month in December after decreasing 0.8% in the previous month. An 8.1% rebound in foreign orders was cited as the main factor behind the increase in December while domestic orders rose 1.8%.

Meanwhile, the country’s industrial sales also climbed 1.4% month over month on seasonally adjusted terms in December due to a 2.8% increase in foreign demand.
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