Italy's construction output expanded for the second straight month in February and at the quickest pace in six months, according to the provisional data released by the statistical office Istat on Friday.
Construction production rose 6.0 percent year-over-year in February, faster than the 2.3 percent rebound in the previous month.
Further, this was the strongest expansion since August 2024, when sales had risen the same 6.0 percent.
The monthly growth in construction output moderated to 0.3 percent in February from 4.7 percent a month ago.
On an unadjusted basis, construction production grew 1.4 percent from last year, versus a 1.3 percent decline in January.
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April 18, 2025 13:26 ET Some key data were released this week amid the escalating tariff war between the U.S. and other countries. Retail sales data from the U.S. revealed that consumers have started to prepare for a future increase in prices and factory activity has started to get hurt due to a fall in export demand. In Europe, the European Central Bank rate decision and inflation data from the U.K. were the highlights. News flow in Asia this week was dominated by the first quarter economic growth data from China.