Latest data released by Istat - 10 May 2019
- Prior +0.8%
- Industrial production WDA -1.4% vs -0.8% y/y expected
- Prior +0.9%
A much poorer reading to round off the first quarter, but Istat notes that overall industrial output gained by 1.0% in Q1 2019. That follows a -0.9% q/q drop in Q4 2018, so there's some positive news in the report here.
Nonetheless, Italy's economic performance remains subdued overall to begin the new year so let's see if domestic conditions will show any further improvement in the coming quarters.