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Financial News: Italy Industrial Orders Fall In September

Italy Industrial Orders Fall In September

11/20/2020 - 06:54:00 (RTTNews)

(RTTNews) - Italy's industrial orders decreased at a faster pace in September, data from the statistical office Istat showed on Friday.

Industrial orders fell 6.4 percent monthly in September, after a 13.5 percent increase in August.

Orders from the domestic market rose 5.7 percent and those from the foreign market decreased 7.3 percent in September.

Industrial turnover declined 3.2 percent month-on-month in September, after a 5.6 percent growth in the prior month.

On a year-on-year basis, industrial orders rose 3.2 percent in September, after a 5.8 percent increase in August.

The industrial turnover fell 4.6 percent annually in September, following a 3.6 percent decline in the previous month.

In the third quarter, industrial orders rose 40.7 percent and industrial turnover rose 33.4 percent.

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