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Italian business output lowest in 22 years

Production index drops 6.7% in 2012

08 February, 10:42
Italian business output lowest in 22 years (ANSA) - Rome, February 8 - Italy's industrial production level dropped to its lowest in 22 years, statistics agency Istat said on Friday.

The 2012 production index, a reflection of how hard the recession is hitting the Italian economy, was 82.9, the lowest level since 1990, Istat said.

Industrial production for the entire 2012 period fell by 6.7%, the worst annual change since 2009.

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