Italy's industrial production increased for the third straight month in April, the statistical office ISTAT said Wednesday.
Industrial output registered a monthly increase of 0.5% in April, slightly slower than the 0.6% rise in March. However, this was the third consecutive rise in production.
There was a 1% monthly growth in capital goods output and a 0.8% increase in intermediate goods production. Meanwhile, output of consumer goods and energy dropped 0.1% and 0.2%, respectively.
Every year, growth in calendar-adjusted industrial output slowed slightly to 1.3% from 1.4% in March. Production has been rising since February.
Unadjusted industrial output growth advanced to 5% in April from 4% in the prior month.
