Latest data released by Istat - 2 August 2019

  • Prior +0.9%; revised to +1.0%
  • Industrial production WDA -1.2% vs -0.8% y/y expected
  • Prior -0.7%; revised to -0.6%

Factory activity slumped towards the end of the second quarter but the release here matters little as it would've already been factored into the Q2 GDP report earlier in the week here.