Italy: Industrial production expands for third consecutive month

In November 2013, industrial output rose a seasonally-adjusted 0.3% over the previous month, which was down from the 0.7% increase recorded in October. November’s increase came in above market expectations of a 0.2% rise and marked the third consecutive expansion. The moderation stemmed from a slowdown in manufacturing growth, while mining and quarrying, along with electricity, gas and water, fared better compared to the previous month.

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