(ANSA) - ROME, JUL 7 - ISTAT said Tuesday that it saw the first signs of a recovery in production"in May following the sharp drops registered in March and April due to the coronavirus emergency.
It said government aid measures played a major role.
"In May and June, the Italian indicators showed some improvements of economic activity following the strong decreases in March and April," the national statistics agency said in its monthly report on the Italian economy.
"In May, extra Eu exports increased and in June the confidence improvement was diffused to all sectors.
"Recent data on incomes, consumption and labour market reflect the impact of expansionary policies, contrasting the fall of personal income that turned out in an increase of the saving rate in the first quarter and of retail trade in May.
"The decreasing trend of employment has continued although at moderate pace, while weekly working hours and unemployment rate increased". (ANSA).
First signs of recovery after govt income support -ISTAT
Statistics agency says production picked up in May