Italy industrial output rises 0.7 percent in March
Italian industrial output rose 0.7% in March, beating expectations despite high energy costs. Quarterly production fell 0.2% as growth forecasts were trimmed.
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Xurve View
Italy industrial output rose 0.7% in March, exceeding the 0.2% growth predicted by a Reuters survey of 14 analysts. Output in the euro zone's third-largest economy rose 1.5% year-on-year, following a 0.4% increase in February. Manufacturing resilience persists despite energy costs rising after strikes on Iran by the United States and Israel.
