May 2015 Italy industrial orders -2.5% vs 5.4% prior

May 2015 Italy industrial orders and sales data report 22 July 2015

• Prior revised to 5.5%
• -0.5% vs 5.5% exp y/y. Prior 7.9%
• Sales 1.2% vs -0.6% prior m/m. Revised to -0.55
• 2.4% vs -0.2% prior y/y

Lower export orders was the main driver of lower orders.

EURUSD doing nothing at 1.0949

Italy industrial orders y/y