Rome

Italian industrial production down for 18th month

Year-on-year figure falls 3.8%, 0.8% drop on January

Italian industrial production down for 18th month

Rome, April 10 - Industrial production in recession-hit Italy fell 3.8% in February compared to the same month in 2012, the 18th consecutive drop in the year-on-year seasonally adjusted data, Istat said Wednesday. The national statistics agency added that output in February was 0.8% lower than in January, effectively wiping out the 1% rise in the month-on-month data that was registered in January with respect to December. Istat said car production was hit particularly badly, falling 16.6% in comparison with February 2012.

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