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Italian Production Edged Higher in Jul

ITALY DATA
MNI (London)
Jul SA ind. output +7.4% m/m (Jun confirmd +8.2% m/m), WDA -8.0% y/y
  • Italian IP ticked up 7.4% in Jul, beating market expectations looking for an increase by 3.5%.
  • May-Jul SA avg Ind output q/q avg +15.0% VS Feb-Apr
  • Jul SA m/m capital (+11.8%), intermed., consumer gds, energy rose—ISTAT
  • Jul WDA y/y capital, intermed., consumer gds, energy down--ISTAT
  • There were 23 working days in Jul 2020 as in Jul 2019.
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com

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