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Italy April industrial production down 0.4%

Italian seasonally adjusted industrial production dropped 0.4% in April over the previous month, down from a 0.4% increase in March , the National Institute of Statistics said June 12.

The calendar-adjusted industrial production index, in volume terms and excluding construction, grew 1.0% annually, down from a 2.8% rate of increase the month before. The unadjusted annual increase was 6.5%.

Production slipped 0.1% during the quarter ended April compared to the prior quarter. The calendar-adjusted index for the four months to April grew 1.5% over the previous corresponding period.