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Italian industrial production slumps 2.7% in December, falls 1.3% in 2019

Monday 10 February 2020 | 13:55 CET | News
Italy's industrial production plummeted 2.7 percent in December compared to the previous month and by 4.3 percent year on year on calendar-adjusted terms, according to the latest calendar-adjusted data from national statistics institute Istat. Output was also down 1.4 percent in the final quarter of 2019 – the worst quarterly decline since 2012 – and by 1.3 percent in the year as a whole, the first fall since 2014, due in part to a 13.9 percent slump in motor vehicle production, said Istat.

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