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Italian industrial production index falls in December
Italy’s seasonally adjusted industrial production index dropped in the month of December. On a sequential basis, the industrial production dropped 0.8 percent in the month. The percentage change of the average of the last three months with respect to the previous three months was -1.1.
On a year-on-year basis, industrial production fell 5.5 percent. For the whole of 2018, the Italian industrial production rose 0.8 percent year-on-year. The unadjusted industrial production index dropped 2.5 percent on a year-on-year basis.
At 14:00 GMT the FxWirePro's Hourly Strength Index of Euro was slightly bearish at -50.7003, while the FxWirePro's Hourly Strength Index of US Dollar was slightly bullish at 74.4657 more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex