Italy’s industrial production declined for the first time in four months in May, the statistical office ISTAT said Friday.
Industrial output registered a monthly decrease of 0.3 percent in May, reversing a 0.4 percent rise in April. That was faster than the 0.2 percent fall expected by economists.
There was a monthly contraction of 0.8 percent in intermediate goods output and a 0.5 percent decline in consumer goods production. The capital goods division produced 0.1 percent less, while energy production grew sharply by 4.6 percent.
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