Italy August industrial production +1.7% vs +0.8% m/m expected
Latest data released by Istat - 10 October 2018
- Prior -1.8%; revised to -1.6%
- Industrial production WDA y/y -0.8% vs -1.5% expected
- Prior -1.3%
Slight delay in the release by the source. A decent improvement there in terms of Italian factory activity but in the grand scheme of things, the data offers little significance. EUR/USD is almost flat on the day now at 1.1492 while EUR/GBP sits near the lows at 0.8730.