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Tag: Italy

Italy State Sector Deficit Narrows in March

Apr 02 2012 19:31:19 in Market

News Italy's March state sector deficit narrowed to 17.5 bln euros for 20.6 bln euros in year ago period The Q1 budget deficit was around 28.2 billion euros, compared with a deficit of some 31 billion euros in the Q1 of 2011 Italy is targeting the general govt deficit to fall sharply to 1. Read more

Italy Jobless Rate Edges up As expected to 9.3 Pct in Feb, Highest Since Series Began in 2004

Apr 02 2012 10:01:05 in Market

News Italy jobless rate rose to 9.3 pct in Feb from a revised 9.1 pct in Jan, highest level since series began in 2004 The overall employment rate declined to 56.9 pct from 57 pct, due to a fall in the number of working women. The adjusted jobless rate among 15-24 year olds rose to 31. Read more

Italy Pmi Contracts at Slower Pace of 47.9 in March, Factory Activity falls for 8th Month Running

Apr 02 2012 08:31:07 in Market

News The Markit PMI edged up to 47.9 in March from 47.8 in Feb. Italian manufacturing output fell for the sixth month running in March, according to the PMI survey, The manufacturing output sub-index rising to 48.7 from 46. Read more

Italy Dmo Head says End Quarterly Trades Causing Rising Risk Premiums on Domestic Bonds

Mar 30 2012 14:31:22 in Market

News Italy DMO head Maria Cannata said that the end-Quarter trades likely to weigh on Italian Govt bonds The DMO head reiterated that the latest market movements as "a strange negative development." The yield premium Italian bonds pay over German Bunds rose sharply this week in volatile markets. Read more

Italy Hourly Wages Remain Unchanged In February

Mar 30 2012 12:01:08 in Market

Hourly wages of Italian employees remained unchanged in February, after rising modestly in the previous month, data released by statistical office Istat showed Friday. Read more

Italy Wage Inflation Stable at +1.4 Pct Y/y in Feb, Cpi at 3.3 Pct in Feb

Mar 30 2012 11:01:09 in Market

News Italian wage inflation remained stable at 1.4 y/y,  it was unchanged on monthly basis in Feb The consumer price inflation rate stood at 3.3 pct in Feb, based on the main domestic NIC index. The gap of 1. Read more

Italy Feb. Output Price Inflation Misses Forecast

Mar 30 2012 09:01:06 in Market

Italy's producer prices increased less than economists expected in February, data released by statistical office Istat showed Friday. The output price index increased 3.1 percent on an annual basis in February, slower than the 3.3 percent growth economists forecast. Read more

Italy 6-month Borrowing Costs Lowest Since 2010

Mar 28 2012 13:31:11 in Market

Italy saw its yield for 6-month debt fall to its lowest since September 2010 in an auction on Wednesday, as investor confidence improved over signs of easing in the sovereign debt crisis. The Italian Treasury sold EUR 8.5 billion of 6-month Treasury Bills in line with target. Read more

Italy Cabinet Revises Bank Fee Proposals on Credit Lines-Source

Mar 23 2012 17:31:08 in Market

News Italy cabinet on Friday approved decrees revising cuts to banking fees on credit lines -govt source "The government has approved a corrective decree on banking commissions-source added No further details were available on the precise content of the decree The material has been provided b... Read more

Italy Cabinet Approves Labor Reform As Ordinary Bill

Mar 23 2012 17:31:08 in Market

 News Italy cabinet on Friday approved labor reform and said it will present it to parliament as normal bill rather than as an emergency decree The cabinet issued a statement saying it had approved a reform "strongly urged" by Italy's EU partners which eases firing restrictions The decisi... Read more

Italy Retail Sales Rise Unexpectedly In January

Mar 23 2012 10:01:21 in Market

Italy's retail sales unexpectedly increased in January after declining in the previous two months, data from the statistical office Istat showed Friday. Retail sales increased a seasonally adjusted 0.7 percent in January compared to a revised 0.8 percent decline in the previous month. Read more

Italy Non-EU Trade Deficit Narrows In February

Mar 22 2012 11:01:03 in Market

The deficit from Italy's merchandise trade with countries outside the European Union (EU) narrowed in February, preliminary data released by statistical office Istat showed Thursday. The trade deficit decreased to EUR1.552 billion in February from EUR2.338 billion in the same month last year. Read more

Italy Enters Recession As Estimated In Q4

Mar 12 2012 12:01:15 in Market

Italy's economy entered recession as estimated in the fourth quarter for the first time since 2009, due to the deceleration in demand and investment, final data from the statistical office Istat showed Monday. Gross domestic product declined 0.7 percent from a quarter ago, bigger than the 0. Read more

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