The Italian statistical office Istat released its industrial production data on Wednesday. Industrial production in Italy declined at a seasonally-adjusted rate of 1.1% in June, after a 0.9% gain in May.

Output in the manufacturing sector dropped at an annual rate of 1.1% in June, while production in the capital goods sector was down 1.3%.

On a yearly basis, industrial production in Italy fell at a seasonally-adjusted rate of 0.3% in June, after a 3.1% increase in May.