Italy Construction Output Rises In January

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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.

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