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Industrial production in Italy falls 0.3% in April


The Italian statistical office Istat released its industrial production data on Wednesday. Industrial production in Italy declined at a seasonally-adjusted rate of 0.3% in April, after a 0.5% gain in March. It was the first fall in three months.



Output in the energy sector dropped 1.3% in April, while production in the consumer goods sector declined 1.2%.



On a yearly basis, industrial production in Italy rose at a seasonally-adjusted rate of 0.1% in April, after a 1.4% increase in March.



During the first quarter of the year, Italian industrial production fell 0.1%.

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