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

MNI: ITALY DATA: Industrial Production (Mar 2019) Review
- Industrial production in Italy declined by 0.9% m/m in Mar...
- ... in line with data earlier this morning showing a contraction of the same
magnitude in France
- Energy (-0.4%), consumer (-2.3%) and intermediate (-0.3%) goods all saw output
weaken on the month...
- ... while capital goods production rose marginally (+0.1%)
- On the year, Italian IP was down by 1.4% in Mar
- Nevertheless, given healthy gains in Jan & Feb, IP posted its first quarterly
gain (+1.0%) in Q1 since Q4 2017

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