ITALY DATA: Dec industrial orders rose 5.5% in seasonally-adjusted
m/m terms as a result of increased domestic and foreign orders. It was
the steepest gain since march 2011, ISTAT said. On the year, unadjusted
industrial orders fell 4.3%, down from -0.7% y/y in November.
–Dec seas. adjusted m/m domestic orders +5.8%; foreign orders +5.1% m/m
–Dec seasonally-adjusted turnover rose 3.4% m/m; work-day adj +5.6% y/y
–2011 unadjusted full-year average industrial orders rose +5.9% y/y
–2011 unadj full-year average industrial turnover +5.6% y/y
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ITALY DATA: Dec industrial orders rose 5.5% in…….
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