Italy March industrial orders +0.5% vs -0.6% m/m prior

Latest data released by Istat - 16 May 2018

• Prior -0.6%; revised to -0.8%
• Industrial orders +2.6% vs +3.4% y/y prior; revised to +2.8%
• Industrial sales +0.8% vs +0.5% m/m prior
• Industrial sales WDA +3.6% vs +3.4% y/y prior; revised to +2.7%

A mixed report with industrial sales doing better than February's readings but orders fell. Downward revision on the prior figures though. But all in all not going to make a difference as this is a minor and lagging data point.