ROME (dpa-AFX) - Italy's industrial production declined for the second straight month in June, defying economists' expectations for a slight rebound, the statistical office ISTAT said Thursday.
Industrial output registered a monthly decrease of 1.0 percent in June, faster than the 0.3 percent fall in May. Meanwhile, production was expected to rise by 0.1 percent.
There was a monthly contraction of 2.1 percent in capital goods output and a 0.9 percent decline in intermediate goods production. The consumer goods division produced 0.7 percent less, while energy production continued to grow by 0.8 percent.
On a yearly basis, calendar-adjusted industrial output shrank 0.6 percent, reversing a 1.2 percent increase in June. Further, this was the first fall in five months.
Unadjusted industrial output rebounded 2.4 percent in June, after a 1.8 percent drop in the prior month.
During the first half of the year, total industrial production grew an adjusted 0.5 percent compared to the same period last year, with a particularly strong increase in the manufacture of transportation equipment.
Copyright(c) 2026 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2026 AFX News
