Italian industrial turnover rate increases for second straight month

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Pedestrians wearing face masks walk on a street in Rome, Italy, March 10, 2020. Italian Prime Minister Giuseppe Conte announced late Monday that the whole of Italy will be placed under lockdown from Tuesday until April 3. (Xinhua/Cheng Tingting)
Pedestrians wearing face masks walk on a street in Rome, Italy, March 10, 2020. Italian Prime Minister Giuseppe Conte announced late Monday that the whole of Italy will be placed under lockdown from Tuesday until April 3. (Xinhua/Cheng Tingting)

dpa-AFX/GNA – Italy’s industrial turnover increased for the second straight month in January, data from the statistical office Istat showed on Tuesday.

Industrial turnover grew 2.5 per cent on the month in January, following a 1.1-per-cent increase in December.

Among the main industrial groupings, energy accelerated 7.8 per cent monthly and intermediate goods grew 3.2 per cent. Capital goods and consumption goods increased 1.9 per cent and 1.4 per cent, respectively.

Turnover from the domestic market increased 1.2 per cent and those from the foreign market grew 5.0 per cent in January. Volume turnover rose 2.0 per cent month-on-month in January and declined 0.3 per cent from a year ago.

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