The Italian statistical office Istat released its industrial orders data for Italy on Friday. Industrial turnover in Italy dropped at a seasonally adjusted rate of 1.6% in August, after a 1.1% decrease in July.

Domestic market orders plunged 2.2% in August, while demand from non-domestic markets fell by 0.5%.

On a yearly basis, the seasonally adjusted industrial turnover in Italy slid 2.4% in August, after a 2.3% gain in July.

The seasonally adjusted industrial new orders index dropped by 5.5% month-on-month in August.