The Output Value Of Footwear And Leather Products In Italy Dropped By 15.4% In October.

Italy Bureau of statistics Istat10 said that Italy's industrial output in October dropped by 0.3% years to 1.5%, and it was expected to rise 0.4% years to 0.6%.

(Istat10) the Italy Bureau of Statistics said in December 10th that the industrial output value of Italy in October was 18 months low, with an annual drop of 1.5%.

In October, the industrial output value dropped by 0.3% in the month, mainly because the monthly output value of semi manufactured goods decreased by 3% and the value of consumer goods decreased by 2.8%.

Economists expect a median rise of 0.6% in 0.4% years.

In October, the output value of footwear and leather products decreased by 15.4%, and the output value of power equipment decreased by 10.6%.

However, the output value of the pport sector increased by 7.7%, of which the annual output value of vehicle increased by 15.7%.

In October, energy output rose by 3.9% in 1.3% years.

Industrial output accounts for about 1/3 of GDP in Italy.

Economists expect GDP growth in the fourth quarter to be weaker than in the third quarter.

In the 10 months 07 years ago, the industrial output value of Italy increased by 0.5%, of which the output value of investment products increased by 2.7% annually.