ITALY DATA: January SA industrial output fell 1.5% m/m and rose 0.6% y/y
in workday adjusted terms, down from +5.6% y/y in December. The m/m
result was the worst fall since Sept 2010 (-2.2% m/m) and follows
gains of 0.2% in December and 1.1% in November.
–December unadjusted output rose 3.8% y/y, down from +8.8% in December.
–See details MNI main wire for more details.