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Confindustria: November production down by 0,6%

According to the flash economic situation of the Confindustria Study Center, the decline in industrial production continues, to -0,6% in November after -1,1% in October - The orders indicator in particular falls, to its lowest level in the last three months.

Confindustria: November production down by 0,6%

The flash situation elaborated by the Confindustria Study Center outlines a picture of contraction for Italian industrial production, estimated to drop by 0,6% in November, after the 1,1% drop recorded in Octoberand compared to the month of September.

According to the flash economic situation "a significant decline is outlined for the fourth quarter of 2012: the variation acquired is -2,0% in November, also due to the -0,5% inherited from the previous period". The orders indicator fell in particular, from 44,4 points to 42,2, to the lows of the last three months.

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