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Italy Nov. Industrial Orders Decline, Turnover Rises Modestly

Jan 20 2012
By
Forexbrokerz.com

Italy's industrial new orders decreased from last year in November, data released by statistical office Istat showed Friday.

New orders received by Italian firms decreased 0.7 percent annually in November. Orders in the domestic market dropped 3.1 percent year-on-year, while orders in the non-domestic market rose 3.5 percent during the month.

On a monthly basis, new orders edged up a seasonally adjusted 0.1 percent during the month. Orders in the domestic market rose 1 percent, while orders in the non-domestic market dropped 1.1 percent month-on-month.

At the same time, industrial turnover moved up a calendar adjusted 0.2 in November. Month-on-month, the seasonally adjusted turnover remained unchanged during the month.

In the January-November period, industrial orders increased 7 percent from the corresponding period last year, while turnover advanced 6.4 percent, the agency said.

The material has been provided by Instaforex Company - instaforex.com
TAGS: Italy  Nov.  Industrial  Orders  Decline    Turnover  Rises  Modestly   

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