Italian Industrial Production Fell in June for Second Month in a Row
By Xavier Fontdegloria Italy’s industrial production fell for a second consecutive month in June, signaling that the country’s factory sector weakened amid high energy prices and slowing demand. Italian industrial output fell 2.1% on month in June after registering a 1.1% monthly decline in May, data from the country’s statistical office Istat showed Friday. Despite the declines in both May and June, industrial production rose 1.2% overall in the second quarter compared with the preceding three-months period.
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