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Italy’s factory output rises for second straight month in Dec

by ChemOrbis Editorial Team -
  • 10/02/2015 (16:09)
According to data compiled by Italy’s statistical office ISTAT, the country’s industrial output rose for a second consecutive month for the first time since 2013 in December. The country’s industrial output climbed 0.4% month over month on a seasonally adjusted basis. On a yearly basis, Italy’s factory output climbed 0.1% on a working days adjusted basis in December.

The unexpected increase was attributed to a 3.0% boost in investment goods, a 1.1% expansion in durable goods as well as a 0.3% gain in intermediate goods.

However, for the full fiscal year of 2014, the country’s industrial production decreased 0.8%, falling for a third straight year.
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