Italy’s Industrial Output Rises Less Than Forecast in May
This article is for subscribers only.
Italian industrial output rose less than expected in May, indicating the country is struggling to emerge from its longest recession in more than two decades.
Production rose 0.1 percent from April, when it fell 0.3 percent, national statistics office Istat said in Rome today. Economists had forecast output to rise 0.3 percent, according to the median of 11 estimates in a Bloomberg News survey.