Rome

Industrial production ended two-month decline in August

But year-on-year figure down 5.2%

Industrial production ended two-month decline in August

(ANSA) - Rome, October 10 - Industrial production levels in recession-hit Italy were up in August for the first time in two months, Istat said on Wednesday. The national statistics agency said industrial output was 1.7% higher in August than in July. It said the figure was adjusted for seasonal variations. However, Istat said industrial production was 5.2% lower in August than in the same month in 2011 even though it had increased with respect to July this year. The agency said production in the Italian auto sector plummeted 43.3% in August, its biggest fall since January 2009. Fiat, Italy's biggest private-sector employer, has been badly hit by the recent slump in the European car market.

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