The Italian statistical office Istat released its industrial production data on Friday. Industrial production in Italy climbed at a seasonally-adjusted rate of 1.1% in July, after a 1.0% fall in June. June's figure was revised down from a 1.1% drop.

Consumer goods output rose 1.0% in July, intermediate goods output increased 0.6%, energy output jumped 7.1%, while production in the capital goods sector was up 0.3%.

On a yearly basis, industrial production in Italy jumped at a seasonally-adjusted rate of 2.7% in July, after a 0.3% decrease in May.