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Industrial production recovers, up 0.5% in May

Positive dynamics but year-on-year decline of 3.3%

Redazione Ansa

(ANSA) - ROME, JUL 10 - Italian industrial production returned to growth in May after two months of cyclical declines, Istat said Wednesday.
    The stats agency said that the seasonally adjusted index increased by 0. 5% compared to April.
    Compared to May 2023, the overall index shows a trend decrease of 3.3% net of calendar effects.
    The 'positive' cyclical dynamics extended to almost all sectors, with the exception of capital goods.
    However, the average of the last three months still shows an overall downward trend,' the statistics office commented.
    (ANSA).
   

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