Italian industrial turnover index rises sequentially in March

Italian industrial turnover index rose sequentially in March. Sequentially, the index rose 0.3 percent. On a quarterly basis, the index rose 0.9 percent. In domestic market and non-domestic market, the index dropped 0.3 percent and rose 1.5 percent, respectively.

On a quarterly basis, the domestic market index and the non-domestic market index rose 0.9 percent and 1.1 percent, respectively. The seasonally adjusted industrial new orders index rose 2.2 percent sequentially. On a quarterly basis, the index remained unchanged.

On a year-on-year basis, the industrial turnover index dropped 1.3 percent. In domestic market, the index rose 0.2 percent, while it rose 3.5 percent in non-domestic market. Calendar working days in March were 21, one less than March 2018. The unadjusted industrial new orders index dropped 3.6 percent year-on-year.

The seasonally adjusted volume turnover index only for manufacturing sector rose 0.4 percent sequentially. On a quarterly basis, the index rose 1.1 percent in the first quarter. The calendar adjusted volume turnover index rose 0.3 percent year-on-year.

At 13:00 GMT the FxWirePro's Hourly Strength Index of Euro was slightly bearish at -59.311 while the FxWirePro's Hourly Strength Index of US Dollar was highly bullish at 120.415 more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex