Italy Construction Output Increases For Second Month

Italy’s construction output increased rose for the second straight month in February, albeit at a softer pace, data from the statistical office ISTAT showed on Wednesday.

The construction output rose a seasonally adjusted 1.4 percent month-on- month in February, after a 5.0 percent growth in January.

On a yearly basis, the construction output increased a working day adjusted 3.5 percent in February, after a 0.7 percent fall in the previous month.

On an unadjusted basis, the construction output gained 2.4 percent in February, after a 7.2 percent increase in the prior month.

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