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Reporting on key macro data at the time of release.
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Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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ITALY DATA: --April SA industry output -1.2% M/M; WDA +1.9% Y/Y
--Reversed March m/m seasonally adjusted +1.2% gain
--Lowest y/y workday adjusted output growth since April 2017 (+1.3%) -- ISTAT
--M/m Industry capital goods' output +0.7%; other sectors fell m/m
--February-April Q/Q average -0.7% vs Nov 2017-January 2018.
--There were 19 working days in April vs 18 in April 2017
--See details MNI main wire for more details.