Latest data released by Istat - 10 July 2019
- Prior -0.7%; revised to -0.8%
- Industrial production WDA -0.7% vs -1.5% y/y expected
- Prior -1.5%
A decent rebound in industrial output following a slump in April and this feeds into the more positive data today following the French figures earlier. That said, factory activity plays but a small role in Italy's economy and relative to a year ago, conditions remain subdued and that is still contributing to weaker economic sentiment in Italy this year.
