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Industrial Output Dropped in May

ITALY DATA
  • May SA ind. output -1.5% m/m (Apr revised dn + 1.5% m/m), WDA +21.1% y/y; falling short of expectations looking for an uptick of 0.5%.
  • May'21 m/m SA industrial output fell for the first time since Nov'20--Istat says
  • ITALY ISTAT: 21 working days in May 2021 vs. 20 in May 2020
  • May SA m/m consumer goods, intermed., capital gds, energy fell—Istat says
  • May WDA y/y consumer, intermed., capital gds., energy rose--Istat says
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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