ITALY DATA: October SA industrial output fell -0.9%..

ITALY DATA: October SA industrial output fell -0.9% m/m and -4.2% y/y in
workday adjusted terms, down from -2.7% y/y in September. The y/y
seasonally adjusted decline is the worst since December 2009, when
the index posted a drop of -6.6%. The m/m decline is the second
consecutive month that Italian industrial output drops and follows a
m/m decline of -4.6 % in September.
–October unadjusted y/y output fell -4.1%, down from a -2.7% y/y
decline in August.
–See details MNI main wire for more details.