Italy’s industrial output down again in March says Istat
21:44, 10 May 2023
ROME. KAZINFORM Istat said Wednesday that its seasonally adjusted industrial production index fell for the third consecutive month in March, dropping by 0.6% on February.
The national statistics agency said industrial output was down by 3.2% with respect to March 2022, ANSA reports.
The agency added that production was also down slightly, by 0.1% in the first quarter of 2023 with respect to the previous three months.
Italian motor vehicle production, however, grew by 17.4% in March on a monthly basis and 35.8% year-on-year, Istat said.