Industrial production up by 4.4% in February

EconomyMacroeconomy Tags: ELSTAT, Industrial

The annual movement in the index was driven largely by a 12.4 percent rise in the electricity supply index, along with a 2.7 percent increase in manufacturing. Mining and quarrying dropped 5.6 percent, while the water supply index was effectively unchanged, dipping just 0.02 percent.

In addition, Markit’s PMI for March rose to 51.8 points in March -- a level signalling an improvement in operating conditions -- from 49.4 points in February.

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