The Italian statistical office Istat released its industrial production data on Friday. Industrial production in Italy climbed at a seasonally-adjusted rate of 1.9% in January, after a 0.6% decline in December. December's figure was revised up from a 0.7% fall.

On a yearly basis, industrial production in Italy jumped at a seasonally-adjusted rate of 3.9% in January, after a 1.0% decrease in December.

Output of capital goods rose 9.5% year-on-year in January, output of consumer goods was up 1.2%, output of energy increased 2.8%, while output of intermediate goods increased 2.3%.