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Italy’s industrial orders climb, retail sales decline in Oct

by ChemOrbis Editorial Team - content@chemorbis.com
  • 23/12/2015 (16:18)
In October, Italy’s industrial orders rose 4.6% following a drop of 2.1% in September, according to data from the country’s statistics office, Istat. October’s rate of industrial order growth indicates the fastest growth since April. Higher orders were attributed to an increase in demand from both domestic and foreign markets.

On the other hand, Istat data showed that Italy’s retail sales were down on stagnant consumer demand for a second consecutive month in October, falling 0.3% on a seasonally adjusted monthly basis while sales increased 1.8% from the same month of 2014.
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