Latest data released by Istat 13 Dec 2017
- Unadjusted industrial production y/y +6.4%
- Calendar adjusted industrial production y/y +3.1% vs +3.4% expected
As mentioned in my preview here, it's just another general sentiment indicator of the Eurozone as a whole. Not a significant data point.
Italian data hasn't been too optimistic lately, and even Bloomberg's latest survey saw economists predict that GDP will fall from 1.5% this year to 1.3% in 2018.
But still, in Europe, the main ones to watch are France and Germany. So, you can keep this at the back of your mind all things considered.
