Italy's industrial production bounced 1.2% m/m in September but is still down 0.1% y/y, and Q3 output fell 0.4% q/q. Capital goods led the rebound while consumer goods and energy lagged, a narrow boun

What happened: Italian industrial production rose 1.2% in September over August, recovering from an August decline, but fell 0.1% on an annual basis, Istat said. Key numbers: +1.2% month on month in September; -0.1% year on year; third quarter down 0.4% versus the previous three months; capital goods +1.3%, intermediate goods +1.2%, consumer goods -0.2%, energy -1.4%; 22 working days, Why it matters: The monthly rebound follows an August decline, but the quarterly figure shows production fell 0.4% over the third quarter, and the year-on-year index was down 0.1% after calendar adjustment.

Italian industrial production rose 1.2% in September over August, recovering from an August decline, but fell 0.1% on an annual basis, Istat said.

The monthly rebound follows an August decline, but the quarterly figure shows production fell 0.4% over the third quarter, and the year-on-year index was down 0.1% after calendar adjustment.