Industrial turnover down 4.6% in August year-on-year

Istat reports 0.1% drop with respect to July

By: ansa.it

Oct 31 2024
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Industrial turnover down 4.6%

Italian industrial was down by 4.6% in value terms and 3.6% in volume in August compared to the same month in 2023, according to calendar-adjusted data released by Istat on Thursday.
    The national statistics agency said seasonally-adjusted industrial turnover dropped by 0.1% in value and 0.7% in volume compared to July 2024.
    It added that the industrial turnover index was at its lowest level since January 2022 in value terms, while in volumes terms it was at the lowest level since January 2021.