Industrial turnover down 0.4% in July - ISTAT

4.7% drop year-on-year

By: ansa.it

Sep 27 2024
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Industrial turnover down 0.4%

Industrial turnover in July decreased by 0.4% in value and by 0.3% in volume on a monthly basis, according to seasonally adjusted estimates released by ISTAT on Friday.
    The national statistics institute reported that on a year-on-year basis, in July the calendar adjusted industrial turnover index contracted both in value (-4.7%) and in volume (-3.9%).
    Meanwhile in the services sector turnover increased by 4.4% in value and 2.3% in volume on a year-on-year basis, ISTAT concluded.