Industrial revenues and orders
fell in February with respect to the previous month, Istat said
Friday, in a sign that the Italian economy is still not out of
the woods after emerging from its longest postwar recession last
year.
The national statistics agency said revenues fell 1.5% in
February with respect to January, the biggest month-on-month
drop since January 2013.
It added that industrial orders were down 3.1% in February
on January, above all because of a 4.4% drop on foreign
commissions.
The year-on-year data, however, gave some positive signals.
Istat said that despite the monthly drop, revenues in
February were still 1.2% higher than the same time last year,
according to seasonally adjusted figures.
Orders were up 2.8% on February 2013, according to raw data
not adjusted for seasonal variations.
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