Industrial orders steepest drop since 2004

Published on the 19-07-2008
Industrial orders steepest drop since 2004

Industrial orders showed their steepest year-on-year drop in May since January 2004, 5.3%.

Industrial turnover was 2.7% down on May 2007, Istat said.

Car orders were 11.6% down and turnover 0.5% down.