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02 April 202014.16 "devastating" impact of the Covid-19 emergency on industrial production in March -16.6% and in the first quarter -5.4%. The quarterly drop is the worst in the past 11 years. If confirmed by Istat, "the fall in activity estimated for March (-16.6%) would represent the largest monthly decline since the time series of industrial production are available (1960) and would bring the levels to those of March 1978 ". The Confindustria Study Center notes this in the monthly rapid analysis on industrial production.