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HomeNewsItalian industry risks ‘structural crisis’ with tariffs

Italian industry risks ‘structural crisis’ with tariffs

(ANSA) – ROME, APR 18 – Italian industry is facing the risk of a “structural crisis” due to the weakness of activity of recent months and new uncertainty linked to US tariffs, the CSC research unit of industrial association Confindustria said in a report on Friday.
The report expressed concern about a loss of confidence and falling investment.
It said industrial production was down 0.9% in February after a 2.5% increase in January.
It said output edged up up 0.4% in the first quarter after five consecutive quarters of decline.
The report said the RTT (Real Time Turnover) index showed a deep drop in turnover in February, while the PMI index was down to 46.6 in March from 47.4. (ANSA).
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