Friday 17 July 2009

DATA SNAP:Italy May Indus Orders In 1st Mo Rise Since Jul 08

DATA SNAP:Italy May Indus Orders In 1st Mo Rise Since Jul 08

By Liam Moloney and Giada Zampano


ROME (Dow Jones)--Italian industrial orders rose moderately in May on the month, advancing for the first time since July of last year, as foreign and national demand climbed, statistics agency Istat said Friday.

Industrial orders fell an unadjusted 31.0% on the year in May, a drop for the eighth month in a row, after slipping 32.2% in April and 26.0% in March.

On the month, industrial orders rose a seasonally-adjusted 0.4% compared with a 3.6% fall in April.

Industrial sales were down an unadjusted 25.3% on the year in May. Sales on the month decreased 1.1% in May as national sales fell by 2.7%, while foreign industrial sales were up 3.1%.

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-By Liam Moloney and Giada Zampano, Dow Jones Newswires; +39 06 6976 6924;

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(END) Dow Jones Newswires

July 17, 2009 04:11 ET (08:11 GMT)

Copyright 2009 Dow Jones & Company, Inc.

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