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Italian industrial sales and orders rise in May

Italian industrial sales rose sequentially in May. On a seasonally adjusted basis, the turnover index rose 1.6 percent. The index for domestic market rose 1.4 percent, whereas the index for non-domestic market rose 1.9 percent. The average of the last three months rose 1.3 percent compared to the previous three ones.

Meanwhile, the industrial new orders index rose 2.5 percent sequentially. The average of the last three months rose 0.2 percent compared to the previous three ones.

On a year-on-year basis, the industrial turnover index rose 0.3 percent – 1.1 percent in domestic market and -1.3 percent in non-domestic market. The unadjusted industrial new orders index dropped 2.5 percent year-on-year.

The seasonally adjusted volume turnover index rose 1.5 percent compared to the previous month; the average of the last three months rose 1.2 percent compared to the previous three ones. The calendar adjusted volume turnover index dropped 0.3 percent year-on-year.

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex

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