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Reporting on key macro data at the time of release.
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ITALY DATA: --January SA industry output -1.9% M/M; WDA +4.0% Y/Y
--Worst m/m seasonally adjusted drop since Sept 2017 (-2.8%) ISTAT
--Industry consumer goods' output flat; all other sectors fall m/m in January
--November-January Q/Q average +1.0% vs August-October 2017.
--There were 22 working days in January vs 21 in January 2017
--2017 average WDA output revised: +3.5% y/y; vs +2.0% y/y in 2016
--See details MNI main wire for more details.