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Italian industrial production up 42% in May, still down 20% year on year

Friday 10 July 2020 | 14:53 CET | News
Italy's industrial production soared by 42.1 percent in May compared to April, when it plunged 19.1 percent due to the government's stringent lockdown measures to curb the coronavirus outbreak. The latest calendar-adjusted data from national statistics institute Istat revealed that industrial output was still down 20.3 percent on a year-on-year basis and fell 29.9 percent in the 3 months to the end of May compared to the previous quarter.

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