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MNI: ITALY DATA: Industrial Production (Feb 2019)....>

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MNI: ITALY DATA: Industrial Production (Feb 2019) Review
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- Following an upside surprise in France earlier this morning, Italy also saw
industrial production post an unexpected gain in Feb
- IP expanded by 0.8% m/m, while Jan's rise was revised up to 1.9% m/m from the
1.7% originally reported
- On the year, IP was up 0.9% in Feb, marking the first positive annual reading
since Oct (0.8%)
- On a 3m/3m basis however, production was down 0.3% in Dec-Feb vs Sep-Nov
- Consumer (+3.2%), capital (+1.1%) and intermediate (+0.2%) goods all saw
stronger output over the month, while energy registered a 2.4% decline

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