Italy Leather And Footwear Output Value Decreased By 10.2%

Italy Bureau of statistics Istat10 said that Italy's industrial output in February dropped by 0.2% years to 0.8%, and the median value was expected to drop 0.5% years to 0.9%.

Comprehensive external power April 10th reported that the Italy Bureau of statistics Istat10 said that Italy's industrial output value dropped 0.8% in February, which was dragged down by the output value of refined gasoline and footwear and leather products.

Industrial output fell 0.2% in February.

In January, the industrial output value was revised up by 1.2% years to 0.2% in the past 4 months.

In February, the output value of gasoline products decreased by 6.6%, the output value of leather and footwear decreased by 10.2%, and the output value of automobiles decreased by 24.2%.

The output value of consumer goods decreased by 0.9% in 2.6% years, 2.7% in semi manufactured goods and 0.4% in investment products.

Economists expect the median industrial output to rise by 0.5% in February and 0.9% in the month.

Industrial output data account for almost 1/3 of GDP in Italy.

Economists say the power of industrial production may be reduced in the next few months.