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Italy’s industrial orders fall in July

by ChemOrbis Editorial Team - content@chemorbis.com
  • 27/09/2016 (16:11)
According to data from Italy’s statistics office Istat, the country’s industrial orders fell significantly in July, following a strong rebound in June. The fall was attributed to a 22.8% slump in export orders. Meanwhile, on a yearly basis, industrial orders plunged 11.8% in July compared with a 7.7% gain in the previous month.

After recording a 1.2% drop in June, industrial sales posted a 2.1% increase on a monthly basis in July while domestic demand also rose 0.8%.

Istat data showed that industrial turnover in Italy fell 0.7% in July; a slower drop in comparison to a 5.4% decrease in the previous month.
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