Latest data released by Istat - 25 January 2018
- Prior m/m +1.1%
- Industrial sales y/y +5.1% vs +6.0% prior
- Industrial orders m/m +0.3% vs +1.9% prior
- Industrial orders y/y +8.9% vs +12.5% prior
Decent numbers from Italy, but then again it's not too significant. A little dip in the y/y figures, but of course that follows a huge jump in the October numbers. Overall, still relatively okay.
Just a general sentiment of the Italian economy. EUR/USD unphased at 1.2400 while EUR/GBP is up to 0.8704 now as sterling loses some ground. Euro mostly unchanged.
