Production going ahead slowly in Lombardy
Forward slowly, but still forward. In the second quarter, Lombardy’s economy grew in terms of industrial production by 0.1% on a quarterly basis, the sixth consecutive increase in a recovery process started in...
The Lombardy economy grew by 0.1% in industrial production in the second quarter, marking six consecutive quarters of growth. The manufacturing sector also saw a 1.4% increase in revenue from the previous quarter and a 4.4% increase from the same period last year. According to a survey of over 1,500 companies, 67% of businesses reported stable or increasing production, while only a third reported a contraction.
The sector showing the highest growth in revenue was the chemical industry, with a 9.3% annual increase, while the textile and wood-furniture industries were among the most struggling.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
