Italy'S Footwear And Leather Products Output Decreased By 15.4% In October.

[world financial news] Italy Bureau of statistics Istat 10, Italy industrial output value in October dropped 0.3% years to 1.5%, is expected to rise 0.4% years to 0.6%.

Comprehensive external power December 10th reported that Italy Bureau of statistics Istat 10, Italy industrial output value in October was 18 months low, down 1.5%.

In October, the industrial output value dropped by 0.3%, mainly because the monthly output value of semi manufactured goods decreased by 3% and the value of consumer goods decreased by 2.8%.

Economists expect a median rise of 0.6% in 0.4% years.

In October, the output value of footwear and leather products decreased by 15.4%, and the output value of power equipment decreased by 10.6%.

However, the output value of the pport sector increased by 7.7%, of which the annual output value of vehicle increased by 15.7%.

Energy output rose 1.3% years in October to 3.9%.

Industrial output accounts for about 1/3 of GDP in Italy.

Economists expect GDP growth in the fourth quarter to be weaker than in the third quarter.

In the 10 months 07 years ago, the industrial output value of Italy increased by 0.5%, of which the output value of investment products increased by 2.7% annually.