Italian industrial production was
down by 6.7% in July compared to May 2022, Istat said on
Tuesday.
The national statistics agency said the textile, clothing and
leather, and the wood sectors were hit particularly hard, with
falls of 25% and 20.7% respectively in the period in question.
It said these sectors "were probably affected by inflationary
dynamics and the decrease in consumer purchasing power."
Istat said that its seasonally adjusted industrial production
index dropped by 0.9% in July compared to June.
The agency added that the calendar-adjusted industrial
production index was down by 3.3% with respect to July 2023.
The month-on-month fall comes after two months of rises.
The sectors that registered the biggest drops in year-on-year
terms were textiles, clothing, leather and accessories (-18,3%),
the manufacturing of transport equipment (-11,4%) and mining
(-5,9%).
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