In a hopeful turn of events, Italy’s industrial sales indicated a slight improvement in June 2024. According to the latest data updated on 28 August 2024, the industrial sales figure halted at -3.70%, showing a modest recovery from the previous month’s -4.80%.The updated figures suggest the industry is trailing the contraction trend but at a slower pace compared to May. While the year-over-year comparison still signals a downturn, the reduced rate of decline points to potential stabilization in the coming months as Italy’s industrial sector navigates through persistent economic pressures.The material has been provided by InstaForex Company – www.instaforex.com
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