News

Italy April industrial production -0.7% vs 0.0% m/m expected

Latest data released by Istat – 10 June 2019

  • Prior -0.9%; revised to -1.0%
  • Industrial production WDA -1.5% vs -0.5% y/y expected
  • Prior -1.4%; revised to -1.6%
ForexLive

More disappointing data coming out of Italy. Although industrial activity is but a minor contributor to the economy, it mainly reinforces the notion of stagnant and poor economic conditions in the country at this point in time.

Articles You May Like

Cable eases to session low to test key near-term levels
Professional Trading – SECRET TRICKS That Work (they will be mad that I told you this)
ECB’s Weidmann sees no need for economic stimulus – FAS
USD/IDR: Rupiah little changed on Bank Indonesia’s status-quo
Forex Trading in the Philippines | My 1st Week of Trading

Leave a Reply

Your email address will not be published. Required fields are marked *