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Italy’s industrial orders rise in Nov

by ChemOrbis Editorial Team - content@chemorbis.com
  • 25/01/2016 (17:31)
According to data from Italy’s statistics office Istat, the country’s industrial orders rose for the second consecutive month in November, climbing 1.6% on the month following a gain of 4.6% in October. Meanwhile, on a yearly basis, industrial orders surged 12.1% in November compared with October’s growth of 2.2%.

Higher orders were attributed to an increase in demand from the domestic market, which climbed 4.4% in November. Export orders, however, declined 2.5%. Istat data showed that Italy’s industrial sales were down 1.1% on a seasonally adjusted monthly basis after increasing 1.9% in October.

On the other hand, the country’s industrial turnover rose 0.8% on a calendar-adjusted yearly basis following a rise of 1.6% in October.
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