The Italian statistical office Istat released its industrial orders data for Italy on Wednesday. Industrial orders in Italy declined at a seasonally adjusted rate of 2.8% in December, after a 1.5% rise in November. November's figure was revised down from a 1.6% gain.

Domestic orders slid 4.8% in December, while non-domestic orders were up 0.2%.

On a yearly basis, the unadjusted industrial orders in Italy rose 1.5% in December, after a 12.1% rise in November.

The seasonally adjusted industrial turnover in Italy fell 1.6% in December, after a 1.1% decrease in November.

Domestic turnover decreased 1.7% in December, while non-domestic turnover plunged 1.4%.

On a yearly basis, the adjusted industrial turnover in Italy declined 3.0% in December, after a 0.8% increase in November.