In seasonally adjusted terms Italian industrial output rebounded slightly and grew 0.1% month-over-month after falling 1.4% in May. But if we come to look at the seasonally adjusted output index we can see that output has been dropping almost continually since the November/December 2006 peak.
1 comment:
Hello Mr. Hugh. I'd like to reproduce some of your graphs on "The Oil Drum" together with a discussion on the perilous state of the Italian economy, being at present on the brink of collapse, I think. That would be linked, in my interpretation, to the rise in oil prices. Is that all right? Can I contact you directly at your email? Thanks for your attention
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