Rome

Italian industrial revenues up 0.6% in April

But year-on-year figure 7.2% down, similar story for orders

Italian industrial revenues up 0.6% in April

Rome, June 20 - Industrial revenues showed signs of picking up in recession-hit Italy in April, with a 0.6% increase on March, Istat said on Thursday. But the national statistics agency said a long series of drops in the year-on-year revenue data continued in April, with a 7.2% fall on the same month in 2012, according to seasonally-adjusted figures. It was a similar story for industrial orders, with a 0.6% increase in April with respect to March but a 1.6% drop with respect to April 2012, according to raw data not adjusted for seasonal factors.

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