The Italian statistical office Istat released its industrial production data on Friday. Industrial production in Italy increased at a seasonally-adjusted rate of 0.5% in October, after a 0.2% rise in September.

Output of consumer goods climbed 1.6% in October, output of intermediate goods were up 0.9%, output of investment goods rose 0.6%, while output of energy dropped 0.7%.

On a yearly basis, industrial production in Italy jumped at a seasonally-adjusted rate of 2.9% in October, after a 1.8% increase in September.

Output of capital goods jumped 4.8% year-on-year in October, while output of intermediate goods climbed 2.4%.