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Industrial Production (Mar 2020) ........>

ITALY DATA
MNI (London)
ITALY DATA: Industrial Production (Mar 2020) 
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--Feb SA industry output -28.4% m/m (Feb rev +1.0 m/m), WDA -29.3% y/y
--Lockdown, fall in demand cause March indust. prod. collapse--ISTAT
--Italy Mar m/m, y/y dives worst since 1990 time series start--ISTAT
--Italy Mar indust. prod. drop exceeds 2008/2009 crisis--ISTAT
--Capital goods, intermed., energy and consumer gds fell--ISTAT
--There were 22 working days in March 2020 vs 21 in March 2019.
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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