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Italy May industrial production +0.7% vs +0.8% m/m expected

Italy May industrial production +0.7% vs +0.8% m/m expected

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Justin Low
10/07/2018 | 08:00 GMT

Latest data released by Istat - 10 July 2018

  • Prior -1.2%; revised to -1.3%
  • Industrial production WDA +2.1% vs +2.8% y/y expected
  • Prior +1.9%

Weaker than expected readings, similar to the French figures we saw earlier. Not going to help with the rhetoric that the Eurozone economy is bouncing back in Q2. A minor data point.

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