Italy Construction Output Falls 3.9%
Italy's construction output decreased for the first time in five months in February, according to the provisional data released by the statistical office Istat on Friday.
Construction production declined 3.9 percent month-on-month in February, reversing a 3.0 percent increase in the previous month.
The annual growth in construction output moderated a 9-month low of 5.9 percent in February from 13.3 percent a month ago.
On an unadjusted basis, construction production increased at a slower rate of 10.2 percent a year, versus a 17.3 percent surge in January.
Economic News
Reprinted from RTTNews，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.