Italy’s industrial orders fell 12.35% y/y in April
20 June, 2012, 16:20. Posted by Zarathustra
Tags: Euro Crisis
Italy’s industrial orders (seasonally adjusted) decreased by 1.9% in April compared to March after a 3.5% rise in March, while on a year-on-year basis orders fell by 12.3%.
The following chart from Scott Barber of Reuters shows that the trend of industrial orders is in-line with GDP growth.
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About Zarathustra
Zarathustra: Founder and Managing Editor of Also sprach Analyst. Once an analyst, now an investor and entrepreneur. Based in Hong Kong, but Londoner at heart.