The Dismal Italian Industrial Production Chart That's About To Get A Lot Worse
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Italian industrial production fell 0.8% in February, far worse than the 0.5% that was expected.
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That's ugly, but it's probably going to get a lot worse, as Chris Williamson from Markit notes by comparing industrial production to
Italian industrial production -0.8% m/m Feb, -3.9% y/y. Downturn has eased in Q1 since Q4 but worse to come again. twitpic.com/cib0fw
— Chris Williamson (@WilliamsonChris) April 10, 2013
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