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

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MNI: ITALY DATA: Industrial Production (May 2019) 
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- Italian industrial production rose by 0.9% m/m in May (the strongest gain
since Jan)...
- ... outperforming market expectations of a milder 0.2% gain
- Apr's contraction was revised by -0.1pp to -0.8% m/m
- The monthly developments left the annual rate at -0.7% in May
- The overall m/m expansion in IP came despite a 2.1% slide in energy output
- Production of capital (+1.9%), consumer (+0.9%) & intermediate (+0.6%) goods
all increased over the month
- On a 3m/3m basis, industrial output was down 0.1% in Mar-May versus Dec-Feb

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