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Financial News: Italy Industrial Production Growth Eases In July

Italy Industrial Production Growth Eases In July

09/10/2021 - 06:41:00 (RTTNews)

(RTTNews) - Italy's industrial production rose at a softer pace in July, data published by the statistical office Istat showed on Friday.

Industrial output rose 0.8 percent monthly in July, after a 1.1 percent growth in June. Economists had expected a 0.1 percent rise.

Capital output grew 1.9 percent and intermediate goods output increased 1.4 percent. Consumer goods rose 0.9 percent, while energy goods declined 1.5 percent.

On a yearly basis, industrial production growth eased to 7.0 percent in July from 13.8 percent in the previous month.

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