Italy's Industrial Production Shows Modest Growth in November

According to the latest data released by Istat on Tuesday, Italy's industrial production experienced a 0.3% increase in November compared to the previous month. This growth was primarily driven by a significant rise in energy production, which saw an increase of 1.6%. Additionally, the production of consumer goods and intermediate goods also saw positive changes, with increases of 0.9% and 0.3%, respectively. However, not all sectors experienced growth; the output of capital goods saw a decrease of 0.6%.

Year-on-Year Comparison Reveals Decline

When comparing November's industrial output to the same month in the previous year, there was a noticeable decrease of 1.5%. Despite this overall decline, the energy sector continued to perform well, with a 4.3% increase year-on-year. The production of consumer goods also showed improvement, rising by 2.6%. On the other hand, the output of intermediate goods and capital goods did not fare as well, with decreases of 2.5% and 4.9%, respectively.