Italy Construction Output Rises In January
Italy’s construction output increased in January, data from the statistical office ISTAT showed on Friday.
The construction output rose a seasonally adjusted 4.5 percent month-on-month in January, reversing a 4.2 percent fall in December.
The latest growth in construction output was the strongest since August.
On a yearly basis, the construction output decreased a working day adjusted 1.5 percent in January, following a 1.1 percent fall in the previous month.
On an unadjusted basis, the construction output dropped 7.9 percent in January, after a 2.2 percent growth in the prior month.