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Italy's industrial production likely weakened in October

Itlay's industrial production is expected to record at 0.3% for the month of November month on month basis, by market consensus, while it is expected at 2.0% yoy basis.

"Consistent with the marked slowdown in merchandise exports posted over the August-September span (going from +5.5% yoy in July to only 1.4% yoy in September), Italian industrial production probably weakened in October (-0.1% mom)", says Societe Generale in a research note.

Industrial production and activity is an important metric to estimate the GDP growth.

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