Italy Feb gross industrial output seen up 2.5 pct yr-on-yr - Confindustria |
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Tue, 27 Feb 2007 17:50
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MILAN (AFX) - Industrial output is expected to have risen a gross 2.5 pct in February from a year earlier, compared with 5.9 pct in January, employers' organisation Confindustria said.Production corrected for the difference in numbers of working days is expected to have risen 2.5 pct year-on-year against 3.0 pct in January.February had the same number of working days as Feb 2006, while January had one more day than the same month the previous year.On a monthly basis, seasonally adjusted and work-day corrected output is seen having risen 0.4 pct after falling 0.9 pct in January, Confindustria said.Industrial orders rose 3.5 pct year-on-year in February compared with the 8.0 pct increase in January.The data is based on a survey of 380 medium to large firms.National statistics office ISTAT will release January industrial output figures on March 12 and February figures on April 12.yael.schrage@thomson.comysc/lamCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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Italy's Jan industrial output seen down 0.7 pct vs Dec - ISAE 