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10 September 201911.53 Industrial production continues to decline and in July records a decline of 0.7% both on a monthly and annual basis. This is communicated by Istat. It is the second consecutive economic downturn and the fifth consecutive month of trend contraction. Positive figures for the energy sectors (+ 5.8%) and consumer goods (+ 0.9%). The most marked tendential decreases were recorded in the manufacture of machinery (-6.9%) and in the textile, clothing, leather and accessories industries (-6.1%).Industry, production is still falling
2019-09-10T10:02:16.870Z
11.53 Industrial production continues to decline and in July records a decline of 0.7% both on a monthly and annual basis. This is communicated by Istat. It is the second consecutive economic downturn and the fifth consecutive month of trend contraction. Positive figures for the energy sectors (+ 5.8%) and consumer goods (+ 0.9%). The most marked tendential decreases were recorded in the manufacture of machinery (-6.9%) and in the textile, clothing, leather and accessories industries (-6.1%).
Source: rainews