Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
ITALY DATA
Italian industrial production grew 0.1% M/M SA in February, below the 0.5% analyst consensus but an improvement on January’s 0.2pp downwardly revised -1.4% print.
- On a 3m/3m SWDA basis, production fell 0.7% in February (vs -1.1% in January).
- While the March ‘24 manufacturing PMI returned to expansionary territory for the first time in a year, industrial confidence in the ISTAT and EC surveys remained in contractionary territory.
- Nevertheless, the subdued industrial outlook is contrasted by improving confidence amongst services firms in recent months (the services PMI reached its highest level since April ’23 last month).
- Compared with a year earlier, production fell 3.1% Y/Y WDA (vs -2.7% cons, 0.3pp downwardly revised -3.7% prior), with all major sub-components other than energy negative on an annual basis.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok