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.
