Italy industrial output rose 42.1% mom in May, well above expectations

<p>Italy industrial output rose 42.1% mom in May, well above expectation of 19.2%. That&#8217;s also much more than enough to reverse April&#8217;s -20.5% mom decline. Nevertheless, for the last three months over the previous three months, productions still dropped -29.9%. Comparing with May 2019, productions dropped -20.3% yoy. Full release here.</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/310098-italy-industrial-output-rose-42-1-mom-in-may-well-above-expectations/">Italy industrial output rose 42.1% mom in May, well above expectations</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>