The Italian statistical office Istat released its industrial production data on Tuesday. Industrial production in Italy was flat in March, after a 0.7% decline in February. February's figure was revised down from a 0.6% decrease.

An increase in production of energy products offset drops in production of output of consumer goods, investment goods and intermediate products.

On a yearly basis, industrial production in Italy climbed at a seasonally-adjusted rate of 0.5% in March, after a 1.1% increase in February. February's figure was revised down from 1.2% gain.