Economy News

Italy: Automobile production fell by 37.4%

According to figures released by the National Statistics Institute (Istat) on Monday, the decline in automobile production has accelerated sharply from July’s 7.4% drop. Italian automobile production dropped 37.4% in August. This decrease is mostly due to the global shortage of semiconductors, according to data released Monday by the Institute. According to figures
Economy News

Italy: Industrial production falls by 1.5% in May

May marked a pause in the recovery of Italy industrial production. Monthly, industrial production has dropped by 1.5% in Italy since May. This marks a halt after five consecutive monthly increases, said Friday the National Institute of Statistics. The industrial production index increased 1.8% in April, following gains of 0.3% in March and 0.1% in […]