Latest data released by Istat - 28 March 2018
- Prior m/m +2.5%
- Industrial sales WDA y/y +5.3% vs +7.2% prior
- Industrial orders m/m -4.5% vs +6.5% prior
- Industrial orders y/y +9.6% vs +6.9% prior
Minor data points, but not really pretty numbers to be honest - at least compared to prior figures. Industrial sales are down but orders have improved on a year-on-year basis.
It's a lagging data point so not many will pay attention to, but it feeds into the overall picture of recent Eurozone data that has been lagging a little compared to the last year - though this data point is known to be a volatile one so take it with a pinch of salt.
